Carnival Flags Continuing Travel Demand After Swing to Profit, Higher Revenue
Carnival swung to a profit as revenue climbed higher in its latest quarter, reflecting ongoing travel demand that the company expects to continue into 2026. The cruise operator swung to net income of $303 million, or 23 cents a share, for the fourth quarter ended Nov. 30, compared with a loss of $48 million, or 4 cents a share, a year earlier.