09:59 AM EDT, 06/25/2024 (MT Newswires) -- Carnival (CCL, CUK) reported fiscal Q2 adjusted earnings Tuesday of $0.11 per diluted share, swinging from a loss of $0.31 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.02.

Revenue for the quarter ended May 31 was $5.78 billion, up from $4.91 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.69 billion.

For fiscal Q3, the company said it expects adjusted earnings of about $1.15 per diluted share. Analysts polled by Capital IQ expect $1.11.

The company said it now expects fiscal 2024 adjusted earnings of $1.18 per diluted share, up from its prior guidance of $0.98. Analysts surveyed by Capital IQ expect $1.01.

Shares of Carnival were up 6.7% in recent early Tuesday trading.

Price: 17.48, Change: +1.09, Percent Change: +6.66