Investing.com - Carnival (NYSE:CUK) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Carnival announced earnings per share of $-1.84 on revenue of $158.87M. Analysts polled by Investing.com anticipated EPS of $-1.62 on revenue of $193.47M.
Carnival shares are up 17% from the beginning of the year, still down 10.31% from its 52 week high of $1,890.20 set on June 9. They are outperforming the S&P 500 which is up 13.59% from the start of the year.
Carnival follows other major Consumer Discretionary sector earnings this month
Carnival's report follows an earnings missed by Pets at Home Group PLC on May 27, who reported EPS of $0.13 on revenue of $568.4M, compared to forecasts EPS of $7.24 on revenue of $492.77M.
Ted Baker had beat expectations on June 14 with second quarter EPS of $-0.07 on revenue of $182.5M, compared to forecast for EPS of $-15.67 on revenue of $200.24M.
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