Rising fuel bill trims Carnival's profit expectations
by
Rajesh Joshi - Lloyd's List
—
last modified
Feb 01, 2010 12:22 PM
An expectation that fuel will cost 5% more in 2010 than cruise operator Carnival projected has prompted the company to trim its annual profits guidance for 2010 by US$0.10 per share.
Micky Arison’s Miami-based company had said when it announced its 2009 financial results a week before Christmas that earnings per share for 2010 would be in the $2.10-$2.30 range, compared with the $2.24 a share achieved in 2009.
Carnival filed its...
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