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Carnival Corp. (CCL) Is Down Sharply After 2013 Guidance Lowered

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Carnival Corp. (CCL) announced after the close Monday that it now expects full year 2013 earnings to be in the range of $1.45 to $1.65 per share, compared to its prior guidance of $1.80 to $2.10 per share. The consensus estimate is for EPS of $1.97.

Carnival gapped open sharply lower Tuesday and is now down 1.93 at $33.39 on above average volume. The stock has fallen to a 1-month low and has dropped below its 50-day moving average.

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