Carnival corporation & plc provides a business update and additional financial information for the second quarter

Oration & plc provides a business update and additional financial information for the second quarter.expects future capacity to be moderated by phased re-entry of its ships.company sold one ship during june 2020.agreements for disposal of five ships.carnival - continues to expect any decline in customer deposits balance in the second half of 2020.preliminary agreements for an additional three ships for disposal.in total, 13 ships expected to leave fleet represent a nearly nine percent reduction in current capacity.continues to expect a net loss on both a u.s. gaap and adjusted basis for the second half of 2020.qtrly revenue $740 million versus $4,838 million.expects only 5 of 9 ships originally scheduled for delivery in fiscal 2020, fiscal 2021 to be delivered prior to end of fiscal year 2021.reduced capital expenditures also by more than $5 billion over next 18 months.qtrly loss per share $6.07.continues to explore opportunities to further reduce its monthly cash burn rate.monthly average cash burn rate for second half of 2020 is estimated to be about $650 million.continues to expect a net loss on both a u.s. gaap and adjusted basis for second half of 2020.pause in guest operations is continuing to have material negative impacts on all aspects of company's business.company continues to see demand from new bookings for 2021.qtrly adjusted loss per share $3.30.q2 earnings per share view $-2.26, revenue view $391.3 million -- refinitiv ibes data.
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