Investing.com - Carnival (NYSE:CCL) ADS reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Carnival ADS announced earnings per share of $-2.19 on revenue of $31.00M. Analysts polled by Investing.com anticipated EPS of $-2.18 on revenue of $77.61M.
Carnival ADS shares are down 71.41% from the beginning of the year and are trading at $13.77 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Carnival ADS shares gained 0.22% in intra-day trade the report.
Carnival ADS follows other major Transportation sector earnings this month
Carnival ADS's report follows an earnings beat by FedEx on September 15, who reported EPS of $4.87 on revenue of $19.3B, compared to forecasts EPS of $2.7 on revenue of $17.55B.
Gol Linhas Aereas ADR had beat expectations on September 21 with third quarter EPS of $-0.3 on revenue of $68.73M, compared to forecast for EPS of $-1.12 on revenue of $117.1M.
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