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Zacks Investment Research Lowers Carnival Corp. (CCL) to Sell

July 8, 2016 by · Leave a Comment 

Article written by Legends Travel, Travel news, Tips & Articles

According to Zacks, “Carnival posted second-quarter 2016 earnings of $0.49, which surpassed the Zacks Consensus Estimate of $0.39 by 25.6% and surged 96% year over year on the back of higher-than-expected revenue yields. Revenues beat the consensus mark by 1.1% and increased 2.8% year over year given Carnival’s efforts to drive demand.

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Zacks Investment Research Lowers Carnival Corp. (CCL) to Sell