Carnival Corporation & plc Q3 GAAP net income $1.7 billion
Third quarter 2018 adjusted net income of $1.7 billion, or $2.36 adjusted EPS, was higher than adjusted net income of $1.7 billion, or $2.29 adjusted EPS, for the third quarter of 2017.
Adjusted net income excludes unrealized gains and losses on fuel derivatives and other net charges, totaling $34 million in net gains for the third quarter of 2018 and unrealized gains on fuel derivatives of $65 million and impairments and other net charges of $395 million for the third quarter of 2017. Revenues for the third quarter of 2018 were $5.8 billion, higher than the $5.5 billion in the prior year.
Also in the third quarter, the company authorized the replenishment of its $1.0 billion share repurchase program covering both Carnival Corporation common stock traded on the New York Stock Exchange and Carnival plc ordinary shares traded on the London Stock Exchange. ■