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Third quarter result for Carnival

FinanceCarnival Corporation & plc announced U.S. GAAP net income of USD 1.3bn, or USD 1.83 diluted EPS, for the third quarter of 2017 compared to U.S. GAAP net income for the third quarter of 2016 of USD 1.4bn, or USD 1.93 diluted EPS.

Third quarter 2017 adjusted net income of USD 1.7bn, or USD 2.29 adjusted EPS, was higher than adjusted net income of USD 1.4bn, or USD 1.92 adjusted EPS, for the third quarter of 2016. Adjusted net income excludes unrealized gains on fuel derivatives of USD 65m and impairments and other net charges of USD 395m for the third quarter of 2017 and net gains of USD 7m for the third quarter of 2016. Revenues for the third quarter of 2017 of USD 5.5b were higher than the USD 5.1bn in the prior year.

Carnival Corporation & plc President and Chief Executive Officer Arnold Donald stated: "We delivered another consecutive quarter of strong operational improvement and another third quarter adjusted earnings record. Our ongoing efforts to create demand well in excess of measured supply growth helped to drive 5% higher cruise ticket pricing. We have many innovative efforts to accelerate demand in 2018 and beyond including our recently announced digital streaming channel, OceanView, and our mobile gaming portfolio, PlayOcean, both launching this week."

Full report here http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-newsArticle&ID=2302910

© Shippax / PR

sep 27 2017


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