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      Carnival Reports Q1 Revenue Growth Amid Increased Costs

      Carnival Corporation reported a revenue increase of 6.1% year-on-year for the first quarter of fiscal year 2026, reaching $6.17 billion. The cruise line met Wall Street's revenue expectations, demonstrating resilience in a challenging market.

      The company's non-GAAP earnings per share stood at $0.20, surpassing analysts' consensus estimates by 8.9%. Despite these positive financial results, Carnival faces challenges related to rising fuel costs and lowered guidance for future performance.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud