MIAMI (AP) — MIAMI (AP) — Carnival Corp. (CCL) on Monday reported fiscal third-quarter profit of $1.85 billion.
The Miami-based company said it had profit of $1.33 per share. Earnings, adjusted to extinguish debt and for non-recurring costs, came to $1.43 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.
The cruise operator posted revenue of $8.15 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $8.07 billion.
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