Carnival rides on record cruise demand to lift annual profit forecast
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Carnival Corp. (CCL) tops Q1 expectations as booking volumes 'hit an all-time high'
March 27, 2024 11:32 AM EDTCarnival Corp. (NYSE: CCL) shares dipped more than 1% Wednesday after the company reported its latest quarterly earnings, topping profit and revenue expectations.
The cruise line company reported a Q1 loss per share of ($0.14), $0.03 better than the analyst estimate of a ($0.17) loss per share. Revenue for the quarter came in at $5.4 billion versus the consensus estimate of $5.33 billion.
CCL revealed it improved its first quarter bottom line... More
