Shares of Carnival are falling on Tuesday after the cruise operator said it swung to a fiscal first-quarter loss, dragged down by losses on fuel derivatives. However, the company still beat earnings expectations on stronger-than-expected ticket sales. The company is still seeing demand for cruises, despite a wave of recent problems like power outages and illnesses that have plagued the industry. In fact, Carnival CEO Arnold Donald said many guests are booking tickets further in advance.
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