Carnival Corporation Sails to Record Q2 Earnings
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Carnival Corporation Sails to Record Q2 Earnings

Carnival (GB:CCL) has released an update.

Carnival Corporation announces a triumphant second quarter in 2024 with record revenues of $5.8 billion, operating income five times higher than the previous year, and the highest ever customer deposits at $8.3 billion. The company exceeded its earnings guidance significantly and has raised its full-year projections owing to robust demand and strong booked positions for the remainder of 2024 and into 2025. Strategic portfolio optimization and favorable refinancing activities have positioned the company on a path to improved financial health and investment grade status.

For further insights into GB:CCL stock, check out TipRanks’ Stock Analysis page.

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