Carnival Corp. Q1 profit jumps

However, Carnival shares declined 5.9 percent, or $3.24, to $51.59 after the company offered a full-year forecast that was short of Wall Street’s expectations.

Carnival, the parent of Princess Cruises, Cunard Lines and the Carnival Cruise Lines, among others, said it made a record $345 million, or 42 cents a share for the first quarter, compared with last year’s profit of $203 million, or 25 cents a share.