Stock Movers Carnival Falls, EA Rallies, Jeffries Posts Best 3Q Revenue Ever
Sep 30, 2025
Carnival shares took a hit after the company's earnings forecast underwhelmed due to guidance on net yields and cost challenges ahead. Meanwhile, Electronic Arts saw a spike in stock prices following news of a $55 billion leveraged buyout led by investors, including a Saudi wealth fund. In contrast, Jefferies Financial Group celebrated record-breaking third-quarter revenues, driven by a surge in advisory and trading activities, even as their stock dipped slightly in after-hours trading.
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Carnival Stock Drop Despite Upgrades
- Carnival raised full-year earnings forecasts yet saw shares drop on weaker Q4 net yields and 2026 cost headwinds.
- Market reaction shows guidance nuances and future cost concerns can outweigh current upgrades.
Executive Optimism On Carnival Bookings
- Josh Weinstein expressed optimism about Carnival's bookings and consumer strength on Bloomberg Businessweek Daily.
- He noted 2026 bookings already filled half the capacity they offered across brands.
Bookings Are Reliable But Vulnerable
- Cruise bookings can be fragile because reservations can be canceled or postponed despite current optimism.
- Even strong consumer demand doesn't fully insulate operators from near-term booking volatility.