Carnival's Smooth Sailing Should Continue -- Market Talk

Dow Jones09-29

1041 ET - Carnival delivers another beat-and-raise, further supporting Jefferies' bullish view on the stock, the analysts say in a research note. The cruise operator continues to post accelerating general and pricing trends, with ticket and onboard growing faster than F2Q, despite being up against challenging comps, the analysts write. They note that much of the upside in the recent quarter came from Celebration Key, its new private island destination that opened this summer. "We continue to view Carnival as one of our top picks in the leisure sector," the analysts write. Despite the upbeat earnings report, Carnival sinks 3.5%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

September 29, 2025 10:41 ET (14:41 GMT)

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