Finance Friday: Carnival Corp Announces a $50 Milllion Loss

From Carnival Corp [Carnival Cruise Line’s Parent company]:

Carnival Corporation estimates that the total impact from voyage disruptions and related repair costs will result in an approximate $0.07 reduction in the company’s 2010 fourth quarter earnings per share. The impact of voyage disruptions in the first quarter of 2011 is not expected to be material to the company’s 2011 earnings.