Carnival's stock hits a 52-week high at $28.42, beating earnings and revenue expectations.

Carnival Corporation reached a new 52-week high with its stock trading at $28.42. The company reported earnings of $0.35 per share, exceeding analysts' expectations. Despite pandemic impacts, Carnival's revenue and passengers surpassed pre-pandemic levels in 2023, with a predicted 10% EBITDA growth in 2025. Analysts expect a 6% revenue increase and a 36% improvement in GAAP net income for 2025, driven by higher fares, operational efficiencies, and lower fuel costs.