CCL Stock Alert: Carnival Raises 2025 Guidance for the 3rd Time This Year | $2.9B Net Income Outlook скачать в хорошем качестве

CCL Stock Alert: Carnival Raises 2025 Guidance for the 3rd Time This Year | $2.9B Net Income Outlook

Carnival Corp (CCL) Q3 2025 Earnings HIT ALL-TIME HIGH: $2 Billion Adjusted Net Income & Record Yields | Full Year Outlook RAISED *Carnival Corporation & plc (NYSE: CCL)* has reported an outstanding third quarter for 2025, achieving *all-time high financial results* and exceeding previous guidance. CEO Josh Weinstein noted that the company delivered its **tenth consecutive quarter of record revenues**. Record Q3 2025 Performance Highlights The company achieved an **all-time high adjusted net income of $2.0 billion**, surpassing the previous record set in 2019 by nearly 10%. Key financial milestones include: **Adjusted Earnings Per Share (EPS) of $1.43**, beating the $1.32 forecast by 8.33%. **Record revenues of $8.2 billion**. *All-time high net yields* (in constant currency), which were **4.6% higher than 2024**. This yield improvement was achieved entirely on a **same-ship basis**. **Adjusted EBITDA reached a record $3.0 billion**. *Adjusted Return on Invested Capital (ROIC) hit 13%* for the first time in nearly 20 years, since 2007. **Record third quarter customer deposits of $7.1 billion**, surpassing the previous record set in 2024. Strategic Growth & Destinations Carnival continues to capitalize on the *"unbelievable price-to-value gap"* compared to land-based vacation alternatives. A major driver of demand is the new exclusive destination, *Celebration Key* on Grand Bahama Island, which *opened on time and on budget* in July 2025. Celebration Key features the *largest freshwater lagoon in the Caribbean* and the **world’s largest swim-up bar**. The company expects to host *nearly 3 million guests* at Celebration Key in 2026. Carnival boasts an **unparalleled footprint of seven Caribbean gems**, which collectively expect to capture **over 8 million guest visits next year**, nearly equal to all competitors combined. The company also has the **most assets in and capacity dedicated to Alaska**, giving it structural advantages in the land-sea guest segment. Forward-Looking Guidance and 2026 Bookings Carnival *raised its full-year 2025 adjusted net income guidance for the third time* this year. Adjusted net income is now expected to be approximately *$2.9 billion* ($2.14 diluted EPS). *Full Year Net Yields* (in constant currency) are projected to be *up approximately 5.3%* compared to 2024. The company has **nearly half (about 50%) of 2026 already booked**. The advanced booked position for 2026 is at *historical high prices* (in constant currency) for both the North America and Europe segments. Bookings for *2027 are off to an "unprecedented start,"* achieving record volumes during the third quarter. Financial Strength and Capital Return Carnival is aggressively strengthening its balance sheet, having *opportunistically refinanced over $11 billion of debt* and prepaid another $1 billion since January 2025. The *Net Debt to Adjusted EBITDA ratio improved to 3.6x* as of August 31, 2025. The company is **targeting a Net Debt to Adjusted EBITDA ratio of under 3x**. Carnival provided a redemption notice for all outstanding convertible notes, an action that will result in a *$600 million improvement in net debt* and signal a pivot toward **returning capital to shareholders**. The reinstatement of the *dividend* is considered "very important" once the company fully turns the corner on debt reduction. --- #CarnivalCorp #CCLEarnings #CruiseStock #Q32025 #JoshWeinstein #RecordRevenue #CelebrationKey #NetYields #CruiseIndustry #Investing #TravelStocks