Carnival's Strong Financial Performance

Carnival Corporation has reported a record third-quarter performance, achieving significant increases in revenue, yields, and customer deposits. The company experienced an 8.7% year-over-year increase in revenue yields while maintaining flat costs, resulting in a strong performance that allowed Carnival to adjust its full-year EBITDA guidance to approximately $6 billion. This upbeat performance reflects robust consumer demand despite the challenging macroeconomic environment characterized by high inflation and interest rates. As bookings for future years continue to rise, the outlook remains optimistic, showcasing the cruise line's ability to rebound strongly from previous downturns.