Earnings News

Earnings Watch For June 22 (CCL, DRI)

Carnival Corp. (CCL) is expected to post second-quarter results. Earnings for the quarter are expected to decline to $0.08 per share from $0.26 per share reported a year ago. Besides, the company is anticipated to record revenues of $3.55 billion, lower than last year's $3.62 billion. The company's shares closed Thursday's regular trading at $34.58. (The stock declined almost 1% in Q2; MA(50)- $32.36; MA(100)- $31.77; 52-wk H/L $38.83/$28.52)

Darden Restaurants, Inc. (DRI) is slated to report results for the fourth quarter. The company is expected to report a profit of $1.15 per share compared to $1.00 per share last year, on revenues of $2.11 billion. The stock closed Thursday at $50.39. (The stock up about 13% in Q4; MA(50)- $50.80; MA(100)- $50.55; 52-wk H/L $55.84/$40.69)

by RTTNews Staff Writer

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