Carnival beat analysts’ profit and sales estimates, with record deposits and 2027 bookings, and raised its 2026 profit forecast. Its fourth-quarter profit forecast missed estimates, but the broader demand signs and higher full-year forecast point to stronger prospects.
That points to travelers continuing to book cruises and paying strong prices, which supports Carnival’s business. Carnival also raised its full-year profit forecast despite higher fuel costs. Its fourth-quarter profit forecast fell short of analysts’ estimate, but the stronger demand signs and higher full-year forecast carry more weight.
Carnival’s record bookings and pricing suggest travelers are eager to take cruises, which may help Norwegian as a rival. Norwegian had no company-specific update, so this is only a favorable industry signal.
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