Name: Cruise Industry Outlook For 2021: Carnival (CCL)
Uploaded: 2021-09-28T19:44:20.655
Duration: 6 min 53 s

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CFRA maintains a hold rating on Carnival (CCL). Andrew Tam, Equity Analyst at CFRA Research, discusses the state of cruise companies and the 2021 outlook for the cruise industry. He talks about how Carnival voyages for 3Q21 were cash flow positive. He also says that recovery remains on track, but investors must wait until 2023 for a full year of profitability. He then mentions that Carnival reports a positive outlook for 2022 and beyond. Tune in to find out more.

Cruise Industry Outlook For 2021: Carnival (CCL)

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