Carnival Stock Soars on Surprise Q2 Profit
CCLCarnival (CCL) Investopedia·2024-06-25 23:45

Key Takeaways Carnival Corporation reported an unexpected second-quarter profit as passengers spent more for cruises. The company said results were boosted by higher prices for tickets, increased onboard spending, and the timing of expenses. Carnival noted that demand remained strong, and raised its full-year guidance. Carnival Corporation (CCL) shares sailed higher in intraday trading Tuesday when the cruise operator posted a surprising quarterly profit and boosted its guidance as customers spent more to s ...