secwatch.observer — SEC 8-K summary
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Issuer:     CARNIVAL PLC (CUK)
CIK:        0001125259
Form:       8-K
Filed at:   2025-03-21T23:59:59+00:00
Accession:  0000815097-25-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carnival reports record Q1 revenue $5.8B, adj net income $174M, raises FY25 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1125259/000081509725000019/0000815097-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815097/000081509725000019/ccl-20250321.htm
  HTML page:      https://secwatch.observer/filing/0000815097-25-000019

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