Carnival Beats Earnings Forecast as Cruise Demand Holds Up
Carnival posted $1.43 adjusted EPS and $8.44B in sales, beating estimates. Record bookings lifted the 2026 outlook, but fuel costs cut Q4 guidance.
Carnival posted $1.43 adjusted EPS and $8.44B in sales, beating estimates. Record bookings lifted the 2026 outlook, but fuel costs cut Q4 guidance.
The deal widens its vacation mix but drew a cautious market reaction.
RCL is close to buying control of Sandals Resorts in a deal worth over $6 billion, its largest acquisition, to expand land-and-sea vacations.
Mexico blocked Royal Caribbean water park over environmental concerns; shares fell, but analysts say impact is limited.
Royal Caribbean beat Q1 expectations with strong demand, but cut its full-year outlook due to higher fuel costs and global tensions.
Escalating US-Israel-Iran conflict sparks market turmoil: airlines and cruises drop 5-7% on fuel fears, while defense firms like Lockheed soar amid rising geopolitical tensions. Oil jumps sharply.