earnings
confidence high
sentiment positive
materiality 0.85
Carnival Q3 net income $1.9B record, adjusted EPS $1.43 beat; raises FY25 outlook third time
CARNIVAL PLC
- Record Q3 net income $1.9B ($1.33 diluted EPS); adjusted net income $2.0B ($1.43 adjusted EPS), beating June guidance by $182M.
- Record revenues $8.2B, up >$250M YoY; net yields (constant currency) +4.6% vs 2024, outperforming guidance.
- Full year 2025 adjusted net income guidance raised for third time, now expected up ~55% YoY.
- Record customer deposits $7.1B; cumulative advanced bookings for 2026 in line with 2025 records at higher prices.
- Company redeemed $500M of 5.75% convertible notes due 2027, settling with cash and stock; part of deleveraging strategy.