🇦🇺

Carnival Feels Pinch Of Trump's Cuba Ban

Video Credit: Wochit
Published on June 20, 2019 - Duration: 00:33s

Carnival Feels Pinch Of Trump's Cuba Ban

In 2019, the Trump administration issued a ban on cruise-ship travel to Cuba.

That 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.

JPMorgan told investors Carnival shareholders expected the impact of the Cuba travel ban to be too small to negatively effect earnings guidance.

Advertisement

You are here

Related videos from verified sources

Trump Bans Cruises To Cuba 00:49
Video credit: Wochit News - Published on June 4, 2019 

You might like