Carnival Corporation CCL reported second-quarter fiscal 2019 results, wherein both earnings and revenues missed the Zacks Consensus Estimate. Following the results, the company’s shares are down 7% in the pre-market trading session.Further, a glance at the company’s price performance shows that it has underperformed the industry in the past six months. The stock has lost 59.1% compared with the industry’s decline of 42.6%.In the quarter under review, the company reported loss per share of $3.30, wider than the Zacks Consensus Estimate of a loss of $1.83. In the prior-year quarter, the company had reported earnings per share of 66 cents.Revenues came in at $0.7 billion, which missed the consensus mark of $1.3 billion. The top line also declined sharply from the prior-year quarter figure of $4.8 billion. Results in the quarter were impacted by the coronavirus-induced shutdowns.The company’s cruise operations, which have been halted for more than two months, are unable to definitively predict when it will return to normal operations. Due to this, the company is unable to provide a guidance.Carnival Corporation Price, Consensus and EPS Surprise Carnival Corporation price-consensus-eps-surprise-chart | Carnival Corporation QuoteBookings UpdateAs of May 31, 2020, cumulative advanced bookings for 2021 capacity currently available for sale are within historical ranges at prices that are down in the low to mid-single digits range, which includes the negative yield owing to FCCs and onboard credits applied, on a comparable basis. However, for 2021, booking volumes for the six weeks ending May 31, 2020, were down significantly compared with the prior year.Liquidity & Cash BurnCarnival exited the fiscal second quarter with liquidity of $7.6 billion. The company has $8.8 billion of committed export credit facilities, which are available to fund ship deliveries originally planned through 2023. Amid the coronavirus-induced shutdowns, the company’s average cash burn rate for the second half of 2020 is estimated to be nearly $650 million.Zacks Rank & Stocks to ConsiderCarnival, which shares space with Norwegian Cruise Line Holdings Ltd. NCLH and Royal Caribbean Group RCL, has a Zacks Rank #3 (Hold). A better-ranked stock in the leisure space includes Camping World Holdings, Inc. CWH, which carries a Zacks Rank # 2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Camping World Holdings current year earnings is likely to witness growth of 193.9%.Zacks’ Single Best Pick to Double From thousands of stocks, 5 Zacks experts each picked their favorite to gain +100% or more in months to come. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.This young company’s gigantic growth was hidden by low-volume trading, then cut short by the coronavirus. But its digital products stand out in a region where the internet economy has tripled since 2015 and looks to triple again by 2025.Its stock price is already starting to resume its upward arc. The sky’s the limit! And the earlier you get in, the greater your potential gain.Click Here, See It Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carnival Corporation (CCL): Free Stock Analysis Report Royal Caribbean Cruises Ltd. (RCL): Free Stock Analysis Report Camping World Holdings Inc. (CWH): Free Stock Analysis Report Norwegian Cruise Line Holdings Ltd. (NCLH): Free Stock Analysis Report To read this article on Zacks.com click here.