secwatch.observer — SEC 8-K summary
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Issuer:     CARNIVAL PLC (CUK)
CIK:        0001125259
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0000815097-25-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carnival Q3 net income $1.9B record, adjusted EPS $1.43 beat; raises FY25 outlook third time
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1125259/000081509725000082/0000815097-25-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815097/000081509725000082/ccl-20250929.htm
  HTML page:      https://secwatch.observer/filing/0000815097-25-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer