Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn. The Europe and Asia (EA) Cruise Operations segment consists of AIDA, Costa, Cunard, and P&O Cruises (UK). The Cruise Support segment represents port destinations and private islands for the benefit of its cruise brands. The Tour and Other segment operates hotel and transportation operations of Holland America Princess Alaska Tours. The company was founded in 1972 and is headquartered in Miami, FL.
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Carnival Corp managed to weather the covid years surprisingly well, but its Q4 earnings still failed to impress investors.
Matey, matey, we’ve got a sinking ship on our hands. Carnival Corp on Friday forecast unstable seas ahead in the fourth quarter.
Carnival gives us a little peek into how the cruise industry is surviving economic headwinds, and it looks like smooth sailing ahead for now matey.
Covid has scuppered cruise line hopes for yet another year, and Carnival’s Q4 earnings brought further losses – although investors appear to be remaining upbeat.
Cruise line operator Carnival Corporation closes up another 9.45%, making that a total jump of almost 18% in two days on the back of news that it could open up three quarters of its fleet capacity by the end of the year.
Carnival Corp releases a business update that sends prices cruising up 1.40%
The U.S. Centers for Disease Control and Prevention (CDC) says the sailing order that limits cruises will stay in place until at least November, and Florida-based cruise giant Carnival sinks 2.8% on the news.
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