Carnival Corporation Sees FY23 Adj EBITDA $4.10B-$4.25B; Occupancy Of 100% Or Higher
Portfolio Pulse from Happy Mohamed
Carnival Corporation expects FY23 adjusted EBITDA of $4.10 billion to $4.25 billion, above March guidance, with occupancy of 100% or higher. The outlook includes a $0.5 billion unfavorable impact from fuel price and currency compared to 2019.
June 26, 2023 | 1:20 pm
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POSITIVE IMPACT
Carnival Corporation's FY23 adjusted EBITDA is expected to be $4.10 billion to $4.25 billion, above March guidance, with occupancy of 100% or higher.
Carnival Corporation's higher than expected adjusted EBITDA and occupancy for FY23 indicate strong demand and improved financial performance, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Carnival Corporation's FY23 adjusted EBITDA is expected to be $4.10 billion to $4.25 billion, above March guidance, with occupancy of 100% or higher.
Carnival Corporation's higher than expected adjusted EBITDA and occupancy for FY23 indicate strong demand and improved financial performance, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100