Carnival Corporation reported strong third-quarter earnings for 2024, surpassing market expectations. The company achieved a diluted EPS of $1.26 and an adjusted diluted EPS of $1.27, exceeding the estimated $1.17. Revenue reached an all-time high of $7.9 billion, up 15% year-over-year, beating the estimated $7.82 billion. The company also reported a net income of $1.7 billion and an adjusted net income of $1.8 billion, outperforming June guidance by $170 million. Despite the positive earnings report, record revenue, and raised annual profit forecast, Carnival's stock declined nearly 3% due to concerns over weaker-than-expected yield forecasts for the fourth quarter. The company expects Q4 adjusted EBITDA to be approximately $1.14 billion, slightly below the estimated $1.15 billion, and Q4 net yield to increase by about 5%, falling short of the consensus expectation of 5.8%.