Carnival, the world's largest cruise operator, warned it could report an adjusted loss for the current quarter after posting a 30 percent fall in its third-quarter profit, hurt by a series of mishaps on its cruise liners.
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The company said it expects adjusted per-share results for the current quarter to be in the range of a loss of 3 cents to a profit of 3 cents. Analysts on average were expecting earnings of 9 cents per share.
Carnival, which operates more than 100 cruise ships, had reported adjusted earnings of 14 cents per share in the same period a year ago.
A spate of mishaps on the company's cruise ships that started in the spring has dented demand for Carnival's vacation cruises and slashed revenue per cabin.
In March, the company cut short a Caribbean cruise after an engine problem idled its Carnival Dream ship in St. Maarten. A month earlier, its Carnival Triumph was adrift for days in the Gulf of Mexico after an engine fire, and passengers described an overpowering stench as toilets overflowed.