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Carnival Raises Annual Forecast Following Third Quarter Profit

Cruise operator Carnival Corp narrowed its annual loss forecast after managing to strike a profit during the third quarter of 2023. It's shares remained around 5% lower, however, amid concerns about rising fuel costs. The company's profit for Q3 stood at  $1.07 billion, or 79...

Carnival Corp Misses Wall Street Estimates, Expects Loss in Q4

The world’s largest cruise company Carnival Corp reported hugely disappointing earnings results on Friday that missed Wall Street estimates by a wide margin. As a result, the company’s stock took a 22 percent hit and came down to a 30-year low of $7.16 per...