Carnival tanks after slashing its full-year profit forecast for the 2nd time in 3 months

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Carnival tanks after slashing its full-year profit forecast for the 2nd time in 3 months
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The company cited disruptions to the Carnival Vista, the US government’s Cuba travel ban, and expected lower net revenue as reasons for the outlook.

Carnival Plc shares fell after the company lowered its full-year earnings outlook Thursday. The company also reported lower bookings and issues with itineraries on ships. This is the second time in six months the company has lowered its full-year earnings outlook. Watch Carnival trade live on Markets Insider. Sailing the open seas is looking less appealing for both travelers and investors.

Carnival Plc shares fell after the company lowered its full-year earnings outlook Thursday. The company also reported lower bookings and issues with itineraries on ships. This is the second time in six months the company has lowered its full-year earnings outlook. Watch Carnival trade live on Markets Insider. Sailing the open seas is looking less appealing for both travelers and investors.

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