BUZZ-Carnival Corp rises after beating Q4 profit estimates on robust demand

Reuters12-20
BUZZ-Carnival Corp rises after beating Q4 profit estimates on robust demand

** Cruise operator Carnival Corp's CCL.N shares rise 2.5% to $25.80 in early trade

** Reports Q4 revenue of $5.94 bln vs analysts' estimates of $5.93 billion, according to data compiled by LSEG, on the back of solid demand for sea-based vacations

** Posts Q4 earnings per share of 14 cents, above estimates of 8 cents per share

** "2025 is shaping up to be another banner year, with yield growth expected to far outpace historical growth rates" - CCL CEO Josh Weinstein

** Shares of rivals Royal Caribbean Group RCL.N and Norwegian Cruise Line Holdings NCLH.N also up about 2% and 4%, respectively

** CCL stock has risen about 36% YTD, as of last close

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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