{"id":1666448,"date":"2022-09-30T10:08:09","date_gmt":"2022-09-30T14:08:09","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1666448"},"modified":"2022-09-30T10:08:22","modified_gmt":"2022-09-30T14:08:22","slug":"carnival-corp-misses-revenue-estimates-as-inflation-dampens-travel-plans","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/carnival-corp-misses-revenue-estimates-as-inflation-dampens-travel-plans\/","title":{"rendered":"Carnival Corp misses revenue estimates as inflation dampens travel plans"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcarnival-corp-misses-revenue-estimates-as-inflation-dampens-travel-plans%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1666448&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>(Reuters) \u2013     Carnival Corp on Friday missed Wall Street estimates for quarterly revenue as inflation forced consumers to restrain from splurging on cruise travel, sending its shares down 7% in premarket trading.<\/p>\n<p>The company also said it expects breakeven to slightly negative adjusted earnings before interest, taxes, depreciation, and amortization for the fourth quarter ending Nov. 30.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>Carnival, which has a higher exposure to the mass-market category that\u2019s more affected by inflation, has been heavily discounting and ramping up advertisements to attract passengers after a long pandemic-led interval.<\/p>\n<p>The cruise operator\u2019s revenue in the third quarter ended August 31 rose to $4.31 billion from $546 million a year earlier, but missed analysts\u2019 average estimate of $4.90 billion, according to IBES data from Refinitiv.<\/p>\n<p>Net loss narrowed to $770 million, or 65 cents per share, from $2.84 billion, or $2.50 per share, a year earlier. <\/p>\n<p> (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shinjini Ganguli)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/carnival-corp-misses-revenue\/attachment\/the-carnival-cruise-ship-sunrise-is-seen-docked-at-miami\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8T0PA-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8T0PA-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) \u2013 Carnival Corp on Friday missed Wall Street estimates for quarterly revenue as inflation forced consumers to restrain from splurging on cruise travel, sending its shares down 7% in<\/p>\n","protected":false},"author":66,"featured_media":1889390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1666448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_finder_url":"https:\/\/www.oann.com\/business\/carnival-corp-misses-revenue\/?utm_source=rss&utm_medium=rss&utm_campaign=carnival-corp-misses-revenue","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1666448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1666448"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1666448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1889390"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1666448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1666448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1666448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}