Carnival Stock Jumps as Cruise Giant Beats Q3 Earnings Estimates
Carnival Corporation (CCL) shares jumped after the world’s largest cruise operator beat Wall Street’s fiscal third-quarter estimates, reporting earnings per share of $1.43 against a consensus estimate of $1.32, and revenue of $8.15 billion versus $8.07 billion expected. The company raised its full-year guidance for the third consecutive quarter, citing sustained demand and record advance…