With Christmas fast approaching, the corporate diary is going to look even more barren over the next few days, but at least one FTSE 100 listed firm will report results on Tuesday.
Cruises operator Carnival PLC (LON:CCL) saw its London and New York listed shares lose some steam in the second half on worries over the impact of Hurricanes Harvey, Irma and Maria, which in September wreaked havoc across Florida and the Caribbean.
However, rival cruise ships owner Royal Caribbean’s shares found support after its November figures, which beat expectations, despite what it said was a US$55mln hurricane hit from lost revenue and higher costs, helped by a drop in fuel costs.
Analysts expect Carnival - which owns the P&O and Princess lines as well - to report full-year sales of US$17.4bn and earnings per share of US$3.70, compared to US$16.4bn and US$3.73 a year earlier.
Investors will also be seeking any guidance for 2018, when analysts are expecting a 6% increase in sales to US$18.4bn and a 16% jump in earnings per share to US$4.29, with the impact of the sterling/dollar exchange rate and fuel prices both the main focus.
Significant events expected on Tuesday December 19:
Finals: Carnival PLC (LON:CCL)
Interims: Kromek Group PLC (LON:KMK)
AGMs: Applied Graphene Materials PLC (LON:AGM), Blancco Technology Group PLC (LON:BLTG), DotDigital Group PLC (LON:DOTD)
Economic data: German IFO business climate data; US housing starts