Carnival forecasts annual profit below estimates-February 2024-www.financetom.com

Carnival forecasts annual profit below estimates

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Carnival forecasts annual profit below estimates

Dec 20, 2024 6:38 AM

Dec 20 (Reuters) - Carnival Corp ( CCL ) forecast annual

profit below estimates on Friday, as higher costs of promotions

and advertising weighed on the cruise operator.

The company expects annual profit of $1.70 per share,

compared with analysts' estimates of $1.74 per share, according

to data compiled by LSEG.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by

Devika Syamnath)

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