Carnival PLC (MEX:CCL)
MXN 471.65 0 (0%) Market Cap: 611.29 Bil Enterprise Value: 1.20 Til PE Ratio: 21.68 PB Ratio: 3.56 GF Score: 64/100
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Q3 2023 Carnival Corp and Carnival PLC Earnings Call Transcript

Sep 29, 2023 / 02:00PM GMT
Release Date Price: MXN268
Joshua Ian Weinstein
Carnival Corporation & plc - President, CEO, Chief Climate Officer & Director

Good morning. This is Josh Weinstein. Welcome to our third quarter 2023 earnings call. I'm joined today by our Chair, Micky Arison; our Chief Financial Officer, David Bernstein; and our Senior Vice President of Investor Relations, Beth Roberts.

Before I begin, please note that some of our remarks on this call will be forward-looking. Therefore, I will refer you to the cautionary statement in today's press release.

Another quarter and another set of milestones and records. This quarter, we reached net income well in excess of $1 billion and EBITDA well over $2 billion. We also achieved revenue, adjusted EBITDA and adjusted net income that all exceeded the high end of our June guidance range with constant currency, adjusted cruise costs in line with expectations.

Furthermore, customer deposits and booking volumes, both important forward indicators, hit record levels for the third quarter. Thanks to the efforts of our amazing team, ship and shore, we exceeded the midpoint

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