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CCL

Carnival Corp. Q4 adjusted earnings Inline With Estimates

(RTTNews.com) - Carnival Corp. ( CCL ) reported a profit for fourth quarter that dropped from the same period last year.

The company's bottom line came in at $494 million, or $0.71 per share. This compares with $546 million, or $0.76 per share, in last year's fourth quarter.

Excluding items, Carnival Corp. reported adjusted earnings of $492 million or $0.70 per share for the period.

Analysts had expected the company to earn $0.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $4.46 billion from $4.26 billion last year.

Carnival Corp. earnings at a glance:

-Earnings (Q4): $492 Mln. vs. $452 Mln. last year. -EPS (Q4): $0.70 vs. $0.63 last year. -Analysts Estimate: $0.70 -Revenue (Q4): $4.46 Bln vs. $4.26 Bln last year.

-Guidance:

Next quarter EPS guidance: $0.40 to $0.44

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