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.