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Ship OperationsCarnival cuts profit outlook on Concordia, fuelCarnival cuts profit outlook on Concordia, fuel
Carnival Corp. & plc cut its first quarter earnings guidance by 15 cents per share, to a loss in the range of 5 cents to 9 cents per share, and shaved 48 cents to 51 cents off its 2012 EPS, for a new range of $2.04 to $2.37. The new estimates cover Costa Concordia being out of service, one-time accident costs, higher fuel prices and a tiny boost from foreign currency.
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