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Market Impact: 0.35

Carnival (CCL) Surpasses Q2 Earnings and Revenue Estimates

Corporate EarningsAnalyst EstimatesCompany FundamentalsTravel & Leisure

Carnival reported quarterly EPS of $0.41, beating the Zacks consensus estimate of $0.35 by $0.06, or about 17%. Earnings also improved from $0.35 per share a year ago, indicating modest year-over-year growth. The update is a constructive earnings beat for the cruise operator and could support the stock, though no revenue or guidance details were provided.

Analysis

Carnival reported quarterly EPS of $0.41, beating the Zacks consensus estimate of $0.35 by $0.06, or about 17%. Earnings also improved from $0.35 per share a year ago, indicating modest year-over-year growth. The update is a constructive earnings beat for the cruise operator and could support the stock, though no revenue or guidance details were provided.

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