Carnival (CCL) Beats Q2 Earnings Estimates, Raises '24 View

Carnival Corporation & plc (CCL) reported impressive second-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. The upside was primarily backed by sustained demand strength and increased booking volumes.Following the results, the stock moved up 5% during trading hours on Jun 25. Positive investor sentiments were witnessed as the company reported better-than-expected guidance for 2024. The management ex ...