Carnival Corp.’s stock price rose on Friday after the cruise operator boosted its profit outlook for 2025. Despite this, the company acknowledged being affected by economic and political “volatility.”
Carnival now expects adjusted fiscal year 2025 net income to be more than 30% higher than last year’s estimate. The revised forecast is $185 million above its previous December prediction.
The company sees a broad increase in demand across various sectors but also noted that it is not immune to uncertainties, which may impact future growth.
Source: https://www.marketwatch.com/story/carnival-touts-across-the-board-outperformance-but-stock-falls-fecba826