Carnival's earnings bang in line with expectations, but ...

Cruise operator Carnival said that advance bookings for 2012 are down on last year but, thanks to higher prices, net revenue yields are expected to edge up next year by one or two percentage points in constant currency terms.

Cruise operator Carnival said that advance bookings for 2012 are down on last year but, thanks to higher prices, net revenue yields are expected to edge up next year by one or two percentage points in constant currency terms.

In the three months to the end of November revenue moved up to $3.70bn from $3.50bn in the corresponding period of last year (Consensus: $3.78bn).

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