Carnival Q1 Profits Up, But Second Quarter Looks Weak

Friday, March 17, 2000
Carnival Corp. reported that profits rose nearly nine percent in the first quarter, matching Wall Street estimates, but said the outlook for the second quarter was weak.

Officials said net income in the first quarter, boosted by its Millennium cruises, rose to $171.5 million from $157.8 million a year earlier. However, softer ticket pricing and slower booking patterns along with higher fuel costs are expected to cause earnings for the second quarter to be slightly lower than last year, officials said.

Carnival believes earnings for the second half of the year will be stronger, and estimated that for the entire year, earnings will rise eight to 10 percent from 1999.

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Rolls-Royce Takes Davies on Board

Rolls-Royce today announces the appointment of Alan Davies as a Non-Executive Director. He will join the Board with effect from 1 November 2015 and will become

ExxonMobil 3Q Dividend Unchanged

The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of 73 cents per share on the Common Stock, payable on September 10, 2015 to

ICTSI Clarifies Participation in Sasa Project

International Container Terminal Services, Inc. (ICTSI) clarifies that ICTSI’s response was only to an Invitation to Prospective Bidders issued by the Department

Cruise Ship Trends

Long Beach Port Celebrates Environmental Successes

Shipping lines, environmental organizations, trucking companies, terminal operators and a railroad were honored today, July 29, by Long Beach Mayor Dr. Robert

South Korea Okays Casinos on Cruise Ships

South Korea has given the go-ahead for cruise ships to operate onboard casinos for foreign guests, , reports the Korea Joongang Daily newspaper.   South Korean

Victoria Celebrates Six Millionth Cruise Ship Passenger

Two tourists  -Victoria and Joseph Winthal - disembarking the Golden Princess Cruise Ship in Ogden Point have got an unexpected surprise.      They were selected

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1176 sec (9 req/sec)