Carnival (CCL) Earnings Show The Consumer Is Yet To Pull Back On Travel

Carnival’s (CCL) results indicate that the consumer is yet to pull back on travel, notes Morningstar's Jaime Katz. She and Lee Bohl discuss the takeaways from CCL’s earnings. Lee talks about how this is CCL’s first profit since the pandemic. Lee also highlights CCL’s potential negatives as there is slight narrowing at the top end of FY EBITDA guidance. CCL’s 3Q earnings revenue hit an all-time high of $6.9B. They talk about how cooling travel demand will impact cruise lines. They then go over the outlook for cruise stocks Tune in to find out more about the stock market today.