Revenue Gain Steers Carnival Higher

PPL says it might miss estimates; American Tower sees a wider-than-expected loss; plus other stocks in the news

Carnival Corp. (CCL ) posted $0.32 vs. $0.34 Q2 EPS as higher losses from investment, and an absence of gains, offset a 23% revenue rise. Carnival says while net revenue yields are expected to be down in the second half, the consensus 2001 EPS estimates are reasonable.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.