(Finance) – Weak performance for Carnivalwhich presents a negative percentage change of 0.29% compared to the previous session.
Over the weekend, the American cruise group announced the results for the June-August quarter which closed with a useful of 1.07 billion. Earnings per share of 79 cents beat the consensus estimate of 73 cents.
THE revenues they set a quarterly record and rose to 6.9 billion dollars, up 60%, exceeding the 6.7 billion expected by analysts.
The one-week trend of company that operates the world’s number 1 cruise ship line is more sluggish compared to the trend of theS&P-500. This decline could trigger opportunities for the market to sell the stock.
Analyzing the scenario of Carnival there is a widening of the bearish phase at the test of the USD 13.34 support. First resistance at 14.1. Expectations are for an extension of the negative line towards new lows at 13.