💨 Abstract

Carnival Corp. reported fiscal second-quarter earnings of $565 million, or 42 cents per share, exceeding Wall Street expectations. Adjusted earnings were 35 cents per share. The company's revenue was $6.33 billion, also surpassing forecasts. Despite a 3.5% decline in shares since the year began, Carnival's stock has risen 50% over the past year.

Courtesy: WTOP Staff