Carnival Corp Manages to Stay Afloat with Earnings Beat (CCL)
Posted on September 18, 2008 at 12:05 PM EDT
Carnival Corp (CCL) just reported profits of $1.65 per share, seven cents above Thomson Reuters forecast earnings of $1.58 per share. Revenue rose 11 percent to $4.81 billion, from $4.32 billion a year earlier. Management said cost controls played an important role during the quarter, despite increased fuel costs of $230 million, or $0.28 per share, [...]