|
NEW YORK (AP) - Carnival Corp., the world's biggest cruise operator, on Tuesday warned that its 2006 profit might be worse than expected because of rising fuel costs.
The Miami-based company, which jointly operates U.K.-based Carnival PLC, made the announcement in a filing with the London Stock Exchange, noting that its energy prices have increased since it last issued guidance in December.
Carnival reported on Dec. 16 its fourth-quarter earnings jumped 20 percent on new capacity and the continued rise of ticket prices and onboard revenues. However, the cruise ship operator disappointed Wall Street with lower-than-expectected guidance.
|