10:24 am Carnival reports nice upside, customers appear to be returning after several mechanical mishaps
Carnival (CCL), the world's largest cruise company, gapped higher at the open after reporting Q3 (Aug) results this morning although the stock has pulled back off its highs to roughly unchanged. It was a good quarter as CCL reported EPS much better than expected and guided higher for the year. However, it was not all good news as guidance for Q4 (Nov) was below expectations.
Strong close-in demand and higher onboard spending helped drive significantly the …More