Shares in Carnival Corp (CCL) spiked 11% in Friday’s trading after the cruise company reported its second quarter earnings results- and revealed better-than-expected demand levels for 2021.Specifically, Q2 Non-GAAP EPS of -$3.30 missed Street estimates by $1.54 while GAAP EPS of -$6.07 also fell short of consensus expectations by $4.47. However revenue of $740M beat by $2.19M, despite representing a drop of 85% from the same period last year.Due to COVID-19, CCL paused its guest cruise operations in mid-March but now says it expects to resume operations in a phased manner. For instance, AIDA previously announced it will resume guest …read more
Source:: Yahoo Finance
