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After Carnival's third-quarter report, some experts lowered their predictions for the company.

ResultsRead the original at Benzinga
Neutral

Carnival beat third-quarter sales and profit estimates and raised its full-year forecast, but its fourth-quarter profit forecast fell short. These results point in different directions, so the story does not clearly change the company's outlook.

CCL · Carnival Corporation Ltd

AI read · Neutral

The AI's read

The full-year forecast and third-quarter results support Carnival's outlook. But its fourth-quarter profit forecast is below analysts' estimate, and analysts cut their price targets. Those facts point in different directions, so there is no clear change in the company's outlook.

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