Investing.com - Carnival (NYSE:CCL) ADS reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Carnival ADS announced earnings per share of $-2.02 on revenue of $34M. Analysts polled by Investing.com anticipated EPS of $-1.89 on revenue of $110.79M.
Carnival ADS shares are down 13.5% from the beginning of the year and are trading at $16.21 , 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 lost 1.46% 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 Union Pacific on Thursday, who reported EPS of $2.36 on revenue of $5.14B, compared to forecasts EPS of $2.25 on revenue of $5.1B.
CSX had beat expectations on Thursday with fourth quarter EPS of $1.04 on revenue of $2.77B, compared to forecast for EPS of $1.01 on revenue of $2.77B.
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