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 MIAMI (AP) - Carnival Corp., the world's largest cruise group, reported a nearly 3 percent rise in second-quarter earnings Tuesday, overcoming weak pricing in the Caribbean and higher fuel costs with a strong performance in Europe.
The company lowered its full-year earnings guidance because of those fuel costs, but said that Caribbean bookings were improving.
Miami-based Carnival reported net income of $390 million, or 48 cents per share, for the quarter ended May 31, versus $380 million, or 46 cents per share, a year earlier. Revenue rose to $2.9 billion from $2.66 billion.
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