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VIK Viking Holdings(Pembroke) News Story

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Consumer CyclicalsBalancedLarge CapHigh Flyer

Carnival Corp gains after forecasting annual profit above estimate

** Shares of cruise operator Carnival CCL.N up about 10% at $31.05

** Company expects strong annual profit after beating quarterly earnings estimates, banking on higher ticket prices and resilient demand from affluent consumers engaging in travel and recreational experience

** Expects annual adjusted EPS to be at $2.48 vs analysts' estimate of $2.43 - data compiled by LSEG

** Reports Q4 adjusted profit of 34 cents per share, above estimate of 25 cents

** Also reinstates its dividend payouts after suspending them following the impact from the pandemic

** Shares of peers such as Norwegian Cruise Line NCLH.N up about 6%, Viking Holdings VIK.N up about 4%, Royal Caribbean RCL.N up about 4%

** Up to last close, CCL up ~14% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))

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