Carnival Corp sinks on weak Q4 outlook

Carnival Corporation (CCL/CUK) reported a 28% jump in earnings for the third quarter, as streamlined operations offset fuel and currency headwinds. Though the results surpassed consensus estimates, the cruise operator’s stock fell more than 6% in early trade on Thursday after guiding fourth-quarter lower. Net income climbed 28% to $1.7 billion or $2.41 per share. … Continue reading Carnival Corp sinks on weak Q4 outlook