Carnival Corporation ($CCL) reported its quarterly earnings, revealing a revenue of $5.81 billion, a year-over-year increase of 7.47%, surpassing estimates by $60 million. The earnings per share (EPS) stood at $0.13, exceeding projections by $0.11. In contrast, McCormick & Company ($MKC) released its first-quarter results, reporting revenue of $1.61 billion, which was a slight year-over-year increase of 0.19% but fell short of expectations by $4 million. The company's EPS was $0.60, down 4.76% year-over-year, and also missed estimates by $0.04. McCormick's operating income was reported at $225 million, consistent with the previous year's figures but adjusted operating income decreased from $238 million. The company's stock fell by 3.4% in pre-market trading following these results, reflecting concerns about the broader consumer staples market amid a challenging economic environment. McCormick became the 15th S&P 500 company to report first-quarter results, with only 53% of these companies beating EPS estimates, significantly lower than the three-year average of 82%. None of the reporting companies have raised their outlooks.