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Latest News...Norwegian Cruise Line celebrated the debut of the all-new Norwegian Aqua to Port Canaveral, Fla. on Saturday, April 26, 2025, where she commenced her inaugural season of round-trip Caribbean cruises as the newest ship in port. This past weekend, approximately 3,700 guests embarked on Norwegian Aqua's first week-long voyage to the Caribbean from Port Canaveral, Fla., her initial homeport ...
Latest News...Royal Caribbean Group (NYSE: RCL) today reported first quarter Earnings per Share ("EPS") of $2.70 and Adjusted EPS of $2.71. These results were better than the company's guidance due to stronger than expected pricing on close-in demand and lower costs mainly due to timing. Royal Caribbean said that it is increasing its full year 2025 Adjusted EPS guidance to $14.55 to $15.55...
Latest News...Holland America Line announced itineraries for its two Grand Voyages sailing in 2027, offering guests the choice to embark on an ambitious 129-day circumnavigation of the globe on the 2027 Grand World Voyage or a 70-day, region-specific in-depth exploration on the Grand South America & Antarctica Voyage. As revealed today by the cruise line's president Beth Bodensteiner to guests on board...
Filed at 8:12 a.m. ET
MIAMI ( Reuters) - Carnival Corp. (CCL.N), the world's biggest cruise group, on Friday reported declining quarterly profits, as worries about war in Iraq lowered prices for sea vacations.
Carnival, an operator of 45 cruise ships which is sailing toward a merger with No. 3 cruise group, P&O Princess Cruises Plc (POC.L) of Britain, said fiscal first-quarter earnings were helped by an insurance gain and totaled $126.9 million, or 22 cents a share.
A year earlier, Carnival reported profits of $129.6 million, or 22 cents a share, including a smaller nonoperating gain.
Wall Street had expected Miami-based Carnival to earn 18 cents a share in the three months ended Feb. 28, according to research firm Thomson Financial. Forecasts among 11 analysts ranged from 16 cents a share to 20 cents a share.
Carnival shares closed on Thursday at $24.69, up 24 cents, or 1 percent. Over the last six months, the shares have declined about 2 percent as investors lost faith that cruise companies would be able to sustain the bounce-back from lows touched after the Sept. 11 attacks in 2001. The Dow Jones Recreational Products & Services Index declined about 6 percent in the same half year.
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