Carnival's Record Q2 Profit and Strong Bookings Propel Stock

Unexpected earnings and high demand lead to increased annual profit forecast and share price surge

Carnival Corporation reported a surprising second-quarter profit of $0.11 per share, surpassing expectations of a $0.02 loss.
Revenue increased by 17.7% to $5.78 billion, driven by higher ticket prices and onboard spending.
Total customer deposits hit an all-time high of $8.3 billion, reflecting strong future demand.
The company raised its full-year adjusted EBITDA forecast to $5.83 billion, up $200 million from previous estimates.
Carnival shares rose nearly 8%, boosting the stock prices of other cruise operators.