Carnival Boosts Outlook as Cruise Demand Breaks More Records
- Surprise profit marks second positive quarter since 2020
- Record cruise demand and strong pricing is spilling into 2025
The Carnival Vista cruise ship docked in Nassau, Bahamas, on April 29.
Photographer: Scott McIntyre/BloombergThis article is for subscribers only.
Carnival Corp. raised its full-year earnings outlook after strong demand for cruises helped it post a surprise profit last quarter.
Adjusted earnings before interest, tax, depreciation and amortization will be about $5.83 billion this year, according to a statement Tuesday. That’s up from Carnival’s March forecast of about $5.63 billion and above the average analyst projection of $5.7 billion.