Carnival The shares climbed about 7% on Tuesday after expecting the results of a strong-to-second quarter by the cruise line and increased its entire year guidance.

According to the company Earning reportAccording to LSEG, the cruise operator defeated an adjusted income of 35 cents per share, defeating analyst estimates of 24 cents. The adjusted revenue came in a record of $ 6.3 billion as compared to $ 6.2 billion.

The net income rose to $ 565 million, a significant increase from $ 92 million a year ago.

CEO Josh Venstein said on Tuesday Earning call All the brands of the company with analysts had “strong speed”.

Due to the outperformance, Carnival increased its full-year guidance and said that now it hopes that the adjusted net income would be 40% higher than 2024, which is about $ 200 million more than its March forecast.

Meanwhile, the cruise line stated that it expects an interest, taxes, depreciation, and a complete-year adjusted income before the refinement, or Ebitda, would be $ 6.9 billion from the pre-estimated estimate of $ 6.9 billion.

Veenstein said in earnings that it is less than a month of opening the island. Festive key in BahamasThe Carnival Island is expected to open on 19 July.

Cruise demand remains a strong post-pandemic, according to high prices and full-political levels, expectations are expected to push the profits close to pre-political levels. Nardwelllet,