Higher Fuel Prices May Drag on Carnival's Earnings Into Next Year — Market Talk

Ahead of Carnival's F3Q results slated for next week, Jefferies modestly lowers its estimates, primarily due to fuel. "Brent crude has risen 33% since Carnival's 2Q26 earnings call on June 23, a material move given the company's unhedged fuel exposure," the analysts say in a research note. They add…