Carnival Seen as Protected From Caribbean Pricing Impacts -- Market Talk
Dow Jones
Yesterday
1539 ET - Carnival isn't going to see the worst impacts of a softer Caribbean pricing environment, TD Cowen analyst Kevin Kopelman writes in a note. He lowers his yield estimate for the quarter and the full year, but notes that Carnival has the lowest Caribbean exposure of all the major cruise lines. Underlying cruise demand, both domestically and globally, remains solid, and Carnival has the highest exposure in Europe where performance is expected to be strong. Lower fuel costs are also likely to fully offset the lower yield estimate, leaving profit roughly steady, he adds. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
December 17, 2025 15:40 ET (20:40 GMT)
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