Carnival Stock Soars on Record Cruise Demand and Upgraded Outlook

1 min read
Source: Sherwood News
Carnival Stock Soars on Record Cruise Demand and Upgraded Outlook
Photo: Sherwood News
TL;DR Summary

Carnival's stock surged over 8% after posting a record Q2 with adjusted earnings of $0.35 per share and revenue of $6.3 billion, surpassing estimates, and raising its full-year outlook, driven by strong demand and onboard spending. The company now expects higher EPS for 2025, reflecting its resilience and value proposition in the cruise industry.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

91%

63354 words

Want the full story? Read the original article

Read on Sherwood News