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The company has been benefiting from affluent travelers who continue to prioritize experiences, particularly sea voyages and bucket-list adventures, despite an uncertain environment stemming from the ongoing Middle East conflict. Carnival, which is the only major US cruise line that typically does not hedge fuel, has cushioned the impact from elevated fuel costs as well as higher investments by hiking ticket prices and increasing sales from pre-cruise perks. "Our booking trends continued to strengthen throughout the quarter, with volumes meaningfully ahead of last year and far outpacing capacity growth. This momentum underscores the effectiveness of our demand generation efforts and the enduring appeal of our cruise lines," CEO Josh Weinstein said. The company now expects full-year adjusted earnings of about $2.24 per share, compared with its prior forecast of about $2.22. It also beat quarterly revenue of $8.44 billion, compared with analysts' average estimate of $8.30 billion, according to data compiled by LSEG. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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