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Carnival Boosts Profit Forecast, Sees 'Record Demand'

Bloomberg•Monday, September 29, 2025 at 7:56:11 PM
PositiveFinancial Markets
Carnival Boosts Profit Forecast, Sees 'Record Demand'
Carnival Corp. has raised its full-year earnings forecast for the third consecutive quarter, reflecting a surge in demand for cruises. With an expected adjusted net income of approximately $2.93 billion, the company is exceeding analysts' expectations and demonstrating strong booking trends. This growth is significant as it indicates a robust recovery in the cruise industry, which had faced challenges in recent years. Carnival's CEO, Josh Weinstein, highlighted that the booking volumes are outpacing capacity growth, suggesting a bright future for the company and the sector as a whole.
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