Carnival Boosts Profit Forecast, Sees ‘Record Demand’

From Bloomberg Markets and Finance.

Carnival Corp. raised its full-year earnings forecast for the third straight quarter, citing a record pace for forward bookings and improving net yields.
The cruise operator now expects adjusted net income of about $2.93 billion, up $235 million from its projection in June and higher than analysts’ expectations of about $2.76 billion. Booking trends have continued to strengthen with rising volumes that are “far outpacing capacity growth,” Carnival Chief Executive Officer Josh Weinstein said in a statement. He joined Carol Massar and Tim Stenovec on ‘Bloomberg Businessweek Daily’ to break down the company’s forecast.
——–
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
WATCH HERE: http://bit.ly/3vTiACF

Follow us on X: https://twitter.com/BloombergRadio

Subscribe to our Podcasts:

Bloomberg Daybreak: http://bit.ly/3DWYoAN
Bloomberg Surveillance: http://bit.ly/3OPtReI
Bloomberg Intelligence: http://bit.ly/3YrBfOi
Balance of Power: http://bit.ly/3OO8eLC
Bloomberg Businessweek: http://bit.ly/3IPl60i

Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay: https://apple.co/486mghI
Android Auto: https://bit.ly/49benZy

Visit our YouTube channels:
Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts
Bloomberg Television: https://www.youtube.com/@markets
Bloomberg Originals: https://www.youtube.com/bloomberg
Quicktake: https://www.youtube.com/@BloombergQuicktake