CUK - Carnival Analysts Boost Their Forecasts After Q1 Earnings | Benzinga
Carnival Corp (NYSE: CCL) (NYSE: CUK) posted a narrower-than-expected loss for its first quarter on Wednesday.
Carnival reported first-quarter FY24 sales growth of 22% year-on-year to $5.406 billion, slightly missing the analyst consensus estimate of $5.427 billion. Adjusted loss for the quarter of 14 cents beat the consensus of 18 cents, according to data from Benzinga Pro.
Passenger Cruise Day (PCD) increased 16.3% Y/Y to 23.5 million. Occupancy for the quarter was 102%. Available lower berth days (ALBD) were 23 million.
Carnival CEO Josh Weinstein said, "This has been a fantastic start to the ...