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Carnival Corp. estimates financial impact of coronavirus outbreak

Carnival Corp. & plc estimated the impact of the coronavirus outbreak at 3 cents to 4 cents per share, reflecting the cancellation of nine cruises from Chinese ports.

Those cruises were scheduled between Jan. 25 and Feb. 4.

In a 10-K filing, Carnival also said it expects cancellations from Chinese fly-cruise customers booked on sailings embarking in ports outside China.

Further impact possible

Should the travel restrictions in China continue until the end of February, Carnival estimated this would further impact its financial performance by an additional 5 cents to 6 cents per share.

Five percent of the company’s capacity was scheduled to be deployed in China during fiscal year 2020.

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