Based on Jan. 24 fuel costs and foreign exchange rates, adjusted earnings per share would go up 2 cents in the first quarter and 15 cents for full year 2018, according to a filing.
On Dec. 19, Carnival had projected Q1 EPS in a range of 37 cents to 41 cents, and full year EPS in a range of $4 to $4.30.
The 15-cent increase for the full year derives from a 17-cent per share lift from foreign currency exchange rates, partially offset by higher fuel prices net of lower forecasted realized losses on fuel derivatives of 2 cents per share.
The Wall Street consenus for Carnival's first quarter EPS is 42 cents, and for 2018 is $4.27.
CCL closed at $71.94 Monday, up 50 cents per share.
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