Carnival: Revised Earnings Forecast

Citing the economic uncertainty in Europe, pricing promotions for the Carnival brand and less than expected growth in onboard spending across the group, Carnival Corporation reduced its 2013 earnings forecast in its hastily announced Q1 earnings call last Friday.

Carnival lowered its 2013 earnings guidance to $1.80 to $2.10 from $2.20 to $2.40 on its Q4 and year-end earnings call in December.

According to Carnival, cumulative advance bookings for 2013 were behind the prior year at prices in line with prior year levels.

Cruise Industry News Email Alerts

Cruise Industry News Email Alerts

 

EMAIL NEWSLETTER

Get the latest breaking cruise newsSign up.

CRUISE SHIP ORDERBOOK

51 Ships | 109,838 Berths | $35 Billion | View

New 2024 Drydock REPORT

Highlights:

  • Mkt. Overview
  • Record Year
  • Refit Schedule
  • 120 Pages
  • PDF Download
  • Order Today
New 2024 Annual Report

Highlights:

  • 2033 Industry Outlook 
  • All Operators
  • Easy to Use
  • Pre-Order Offer
  • Order Today