Carnival Corp raised its annual profit forecast for 2024, citing higher ticket prices and sustained demand for cruises.

Carnival Corp. raised its annual profit forecast for the second time this year, citing higher ticket prices and sustained demand for cruise holidays. The company's U.S.-listed shares rose 6.71% to $17.48 after the announcement. Carnival now expects 2024 adjusted profit per share of about $1.18, compared with its earlier forecast of 98 cents. Strong booking momentum for 2025 sailings is even higher than 2024 in both price and occupancy, according to Carnival CEO Josh Weinstein.