Carnival Estimates Financial Impact of Voyage Disruptions (CCL)

Carnival Estimates Financial Impact of Voyage Disruptions

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Carnival (NYSE: CCL ) results are to drop by $0.08 to $0.10 per share in terms of net profit in the first half of fiscal 2013 because of the financial impact of voyage disruptions and related repair costs, the company said in a press release. The estimate comes after of its ships went adrift in the Gulf of Mexico following an engine fire that left the craft without propulsion.

The ship is currently being pulled by tugboat to the port of Mobile, Ala. The company has pledged to refund the passengers of the stricken vessel, plus reimburse their transportation expenses and give them credit for a future cruise.

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