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Carnival dips after forecasting Q4 profit below estimates



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** Shares of cruise operator Carnival Corp CCL.N down ~3% at $17.94 in early trading

** Company expects Q4 adj. profit at about 5 cents per share vs analysts' average estimate of 7 cents - LSEG data

** But lifts annual profit forecast owing to continued strength in demand for cruise vacations and higher pricing

** CCL expects 2024 adjusted profit per share to be about $1.33, compared with its prior forecast of about $1.18

** Posts Q3 revenue of $7.90 bln vs analysts' estimate of $7.83 bln

** Posts adjusted quarterly profit of $1.27 per share, topping estimates of $1.16 per share

** Shares of Norwegian Cruise Line Holdings NCLH.N and Royal Caribbean Cruises RCL.N down about 2% each

** Including session moves, CCL down nearly 6% YTD




Reporting by Anuja Bharat Mistry in Bengaluru

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