Carnival Corp jumps after raising annual profit forecast
29/09/2026 14:36
BUZZ-Carnival Corp jumps after raising annual profit forecast ** Shares of cruise operator Carnival Corporation CCL.N up ~13% at $25.04
** Co raises annual profit forecast after beating Q3 results estimates, driven by affluent consumers' appetite for travel and leisure experiences
** Expects full-year adjusted EPS to be $2.24, compared with prior forecast of about $2.22
** Posts Q3 revenue of $8.44 billion, compared with analysts' expectations of $8.30 billion - data compiled by LSEG
** Reports quarterly adjusted profit of $1.43 per share, beating estimates of $1.36
** Shares of peer Norwegian Cruise Line NCLH.N up ~4% and Royal Caribbean Cruises RCL.N up ~6%
** Up to last close, stock down 27.50% YTD
(Reporting by Shania S Thomas in Bengaluru)