Carnival Raises Profit Forecast on Strong Demand
Carnival raised its annual profit forecast and reported strong third-quarter results driven by sustained travel demand. The cruise operator also pointed to record 2027 bookings.
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CARNIVAL CORP raised its annual profit forecast on Tuesday, sending shares up 12% following record bookings. The cruise operator benefited from affluent travelers prioritizing sea voyages despite broader geopolitical tensions. Carnival lifted its full-year profit target by $150M from its June guidance, driven by lower operating costs.
