financetom
Business
financetom
/
Business
/
Carnival lifts annual profit forecast for the third time as demand soars
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Carnival lifts annual profit forecast for the third time as demand soars
Sep 30, 2024 6:53 AM

Sept 30 (Reuters) - Carnival Corp ( CCL ) raised its

annual profit forecast for the third time on Monday, buoyed by

continued strength in demand for cruise vacations as well as

higher pricing.

The Miami, Florida-based company's shares were up 2% in

premarket trading.

Cruise operators benefit from increased demand for vacations

on the sea during the summer, boosting an already robust year

for the companies as more travelers opt for the cruise

experience.

The company now expects 2024 adjusted profit per share

to be about $1.33, compared with an earlier forecast of about

$1.18.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Legal Fee Tracker: Meta case yields Texas-size fees as more firms ink state contracts
Legal Fee Tracker: Meta case yields Texas-size fees as more firms ink state contracts
Dec 12, 2024
Dec 12 (Reuters) - Texas' appetite for litigation has been keeping several law firms busy working for the state in high-profile lawsuits against major U.S. companies. Chicago-founded Keller Postman and Dallas-founded McKool Smith billed the Texas attorney general's office a combined $142.6 million last month for their work on the state's 2022 consumer privacy lawsuit against Facebook parent Meta Platforms...
Market Chatter: Grifols' Debt Placement Includes Early Redemption Option for Brookfield Asset Management
Market Chatter: Grifols' Debt Placement Includes Early Redemption Option for Brookfield Asset Management
Dec 12, 2024
01:30 PM EST, 12/12/2024 (MT Newswires) -- Grifols' ( GRFS ) 1.3 billion euro ($1.36 billion) offering of 7.125% senior secured notes due 2030 includes a clause allowing Brookfield Asset Management ( BAM ) to redeem the debt at an earlier date, Bloomberg reported Thursday, citing people familiar with the matter. Brookfield or a group led by the private equity...
Charter Communications' Spectrum Enters Distribution Deal With Warner Bros. Discovery
Charter Communications' Spectrum Enters Distribution Deal With Warner Bros. Discovery
Dec 12, 2024
01:37 PM EST, 12/12/2024 (MT Newswires) -- Charter Communications ( CHTR ) said Thursday its Spectrum business has signed a distribution agreement with Warner Bros. Discovery ( WBD ) to integrate Max With Ads into Spectrum TV Select. With Max With Ads, an ad-supported plan that retails for $9.99 per month, Spectrum TV Select customers will have access to series...
Sector Update: Consumer
Sector Update: Consumer
Dec 12, 2024
01:30 PM EST, 12/12/2024 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%. In corporate news, Warner Bros. Discovery ( WBD ) shares jumped almost 15%. The company on Thursday disclosed a new corporate structure aimed at unlocking...
Copyright 2023-2026 - www.financetom.com All Rights Reserved