Carnival Corp. Bottom Line Climbs 89% In Q1

(RTTNews) - Carnival Corp. (CCL.L) revealed earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line rose to $301 million, or $0.39 per share. This was up from $159 million, or $0.20 per share, in last year's first quarter.

Analysts had expected the company to earn $0.32 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.4% to $3.65 billion. This was up from $3.53 billion last year.

Carnival Corp. earnings at a glance:

-Earnings (Q1): $301 Mln. vs. $159 Mln. last year. -Earnings Growth (Y-o-Y): 89.3% -EPS (Q1): $0.39 vs. $0.20 last year. -EPS Growth (Y-o-Y): 95.0% -Analysts Estimate: $0.32 -Revenue (Q1): $3.65 Bln vs. $3.53 Bln last year. -Revenue Change (Y-o-Y): 3.4%

-Guidance: Next quarter EPS guidance: $0.34 - $0.38 Full year EPS guidance: $3.20 - $3.40