earnings
confidence high
sentiment positive
materiality 0.85
Carnival reports record Q1 revenue $5.8B, adj net income $174M, raises FY25 guidance
CARNIVAL PLC
- Record Q1 revenue $5.8B (+$400M YoY); operating income $543M nearly double prior year.
- Adjusted net income $174M ($0.13 EPS) beat December guidance by $173M; net loss $78M includes $252M debt extinguishment costs.
- Full-year 2025 adjusted net income guidance raised $185M (>30% growth); yields guidance affirmed for rest of year.
- Refinanced $5.5B debt, securing $145M annualized interest savings; debt reduced $0.5B in Q1.
- Customer deposits record $7.3B; booking volumes for 2026+ at record levels with pricing at historical highs.