Investing.com - Carnival (NYSE:CCL) ADS reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Carnival ADS 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 ADS shares are up 17% from the beginning of the year and are trading at $23.64 , down-from-52-week-high.They are outperforming the S&P 500 which is up 13.59% from the start of the year.
Carnival ADS follows other major Consumer Discretionary sector earnings this month
Carnival ADS's report follows an earnings beat by Pinduoduo on May 26, who reported EPS of $-2.33 on revenue of $22.17B, compared to forecasts EPS of $-2.46 on revenue of $19.82B.
Dollar General had beat expectations on May 27 with first quarter EPS of $2.82 on revenue of $8.4B, compared to forecast for EPS of $2.19 on revenue of $8.27B.
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