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Carnival Corp. Q2 adjusted earnings Beat Estimates

Carnival Corp. (CCL) reported a profit for second quarter that dropped from the same period last year.

The company's bottom line totaled $451 million, or $0.65 per share. This compares with $561 million, or $0.78 per share, in last year's second quarter.

Excluding items, Carnival Corp. reported adjusted earnings of $457 million or $0.66 per share for the period.

Analysts had expected the company to earn $0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.0% to $4.84 billion from $4.36 billion last year.

Carnival Corp. earnings at a glance:

-Earnings (Q2): $457 Mln. vs. $489 Mln. last year.
-EPS (Q2): $0.66 vs. $0.68 last year.
-Analysts Estimate: $0.61
-Revenue (Q2): $4.84 Bln vs. $4.36 Bln last year.

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