Carnival Corp & plc, the world’s largest cruise shipping group, says it has increased its full year 2014 non- GAAP diluted earnings per share guidance to be in the range of $1.60 to $1.75 from the $1.50 to $1.70 range it forecast in march.
The Anglo-American company said total revenues are expected to be higher for the full year 2014 compared to the prior year. The company continues to expect full year 2014 net revenue yields on a constant dollar basis to be down slightly compared to the prior year (flat to up slightly on a current dollar basis).
The company now expects full year 2014 net cruise costs excluding fuel per ALBD to be flat to up slightly compared to the prior year on a constant dollar basis, which is better than had been anticipated in the March guidance. However, changes in fuel prices and currency exchange rates have reduced full year 2014 forecasted earnings by $0.06 per share compared to March guidance.
