Cruise specialist Carnival reported adjusted earnings per share of $1.43 in the third quarter, above FactSet consensus of $1.35. Revenue increased 3.5 percent to a record $8.44 billion, versus the expected $8.39 billion.
Net profit rose to a record $1.92 billion from $1.85 billion a year earlier. At the same time, bookings for 2027 are at record levels in terms of both occupancy and pricing, the company said in the report.
For the fourth quarter, Carnival expects adjusted earnings per share of $0.20, below consensus of $0.24. Full-year fuel costs are now expected to amount to $2.25 billion, up from the previous forecast of $2.12 billion.
The stock is rising by around 12 percent.
