They also missed revenue estimates by over 1/2 a billion dollars also $ 4.31 billion actual vs $ 4.95 billion expected.
Losses were expected to be $ .12 per share and were $ .65, so almost 5 1/2 times larger.
Neither of those are good, especially with the debt load they have. With many ships sailing at 100% or more during the quarter, and still missing revenue numbers, they have a lot of work ahead.
https://www.theridgefieldpress.com/business/article/Carnival-Fiscal-Q3-Earnings-Snapshot-17477682.php