MIAMI (AP) _ Carnival Corp. (CCL) on Wednesday reported a loss of $1.97 billion in its fiscal first quarter.

On a per-share basis, the Miami-based company said it had a loss of $1.80. Losses, adjusted for non-recurring costs, came to $1.79 per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.66 per share.

The cruise operator posted revenue of $26 million in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $108 million.

Carnival shares have climbed 34% since the beginning of the year, while the S&P's 500 index has climbed almost 9%. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCL at https://www.zacks.com/ap/CCL

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