BUZZ - Carnival Group shares surge after raising annual profit forecast

September 29 - ** Cruise operator Carnival Corporation (CCL.N) shares rose about 13%, at $25.04

** Driven by strong demand from high-income consumers for travel and leisure experiences, the company (link) raised its annual profit forecast after third-quarter results beat expectations

** Full-year adjusted earnings per share are expected to be $2.24, compared to the previous forecast of about $2.22

** Third-quarter revenue was $8.44 billion, above analysts' expectations of $8.3 billion—data compiled by LSEG

** The report shows quarterly adjusted earnings per share of $1.43, higher than the expected $1.36

** Shares of peer Norwegian Cruise Line (NCLH.N) rose about 4%, and Royal Caribbean Cruises (RCL.N) shares increased about 6%

** As of the previous trading session close, the stock is down 27.50% year-to-date

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