CCL

During Q3, Carnival (NYSE: CCL) brought in sales totaling $31.00 million. However, earnings decreased 44.16%, resulting in a loss of $2.33 billion. In Q2, Carnival brought in $740.00 million in sales but lost $4.18 billion in earnings.What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in Carnival's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Carnival posted an ROCE of -0.12%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.View more earnings on CCLReturn on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.For Carnival, the return on capital employed ratio shows the current amount of assets may not actually be helping the company achieve higher returns, a note many investors will take into account when making long-term financial decisions.Q3 Earnings Recap Carnival reported Q3 earnings per share at $-2.19/share, which beat analyst predictions of $-2.2/share.See more from Benzinga * Click here for options trades from Benzinga * 10 Consumer Discretionary Stocks Showing Unusual Options Activity In Today's Session * 10 Consumer Discretionary Stocks Showing Unusual Options Activity In Today's Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

, /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SAVE, INFI, JNJ, BP, and CCL.

The broader market has shown signs of consolidation after November’s historic rise, but the that doesn’t mean the recovery favorites of last month are easing up.Stimulus negotiations in Washington now

Maintaining its status as the number-one cruise line for explorations to The Last Frontier, Holland America Line was named the top pick for Alaska cruises in the 2020 AFAR Travelers' Awards. This is the third time the cruise line has won the Alaska category in the award's five-year existence.

Shares of cruise operators surged toward multi-month highs Thursday, after BofA Securities analyst Andrew Didora boosted his price targets, and as recent...

Take a look at Thursday's notable movers on Wall Street.

Carnival Corp (NYSE:CCL) traded in a range yesterday that spanned from a low of $21.37 to a high of $22.85. Yesterday, the shares gained 6.3%, which took the trading range above the 3-day high of $21.77 on volume of 31.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.