Carnival (GB:CCL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Carnival Corporation has reported a stellar third quarter in 2024, with a record net income of $1.7 billion, marking a 60% increase from the previous year, and a historic high in quarterly revenues of $7.9 billion. The company has surpassed its own earnings predictions and raised its full-year guidance for the third time, now expecting adjusted EBITDA to reach about $6 billion. Strong demand and effective cost management are credited for this financial success, with the company also reporting a promising start for 2025 and 2026 bookings.
For further insights into GB:CCL stock, check out TipRanks’ Stock Analysis page.
