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Trump banned US cruise ships from traveling to Cuba, and Carnival is feeling the pain (CCL)

Carnival Ecstasy cruise ship

  • The Trump administration’s ban on cruise-ship travel to Cuba has made Carnival Corp more pessimistic about its financial performance this year.
  • The company projected the Cuba travel ban would slash $0.04 to $0.06 from its share price this year.
  • In a note to investors, JPMorgan said it believed Carnival shareholders had expected the impact of the Cuba travel ban to be too small to have a negative impact on earnings guidance.
  • Visit Business Insider’s homepage for more stories.

The Trump administration’s ban on cruise-ship travel to Cuba has made Carnival Corp more pessimistic about its financial performance this year.

Carnival cut its read more >>>

Source : BusinessInsider.Com





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