Carnival beat quarterly estimates, raised its full-year profit forecast and reported strong bookings. A weaker fourth-quarter forecast and paperwork for possible future securities sales with no terms disclosed pull the story in different directions, so it does not clearly change the company's outlook.
Strong demand and better cost control support Carnival's business. The lower fourth-quarter profit forecast and several analysts' lower price forecasts pull the other way. The filing's terms are not disclosed, so the report does not clearly favor either side.
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