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Carnival (CCL) Slips as Guidance Cut Overshadows Record Quarter
Description
Carnival (CCL) reported record revenue, profitability, and customer deposits, but the stock fell as analysts focused on a sharp reduction in second-half guidance. Assia Georgieva highlights CEO Josh Weinstein’s conservative outlook and focus on pricing over occupancy, while Chris Wang points to an EPS beat, strong cost controls, and unhedged fuel costs as a potential catalyst if geopolitical tensions ease.
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