Carnival Sees Q3 Net Yields Up ~8%, Adj. EBITDA Up 20%; Sees FY24 Net Yields Up ~10.25%
Portfolio Pulse from Benzinga Newsdesk
Carnival Corporation reported an approximate 8% increase in Q3 net yields and a 20% rise in adjusted EBITDA. The company also forecasts a 10.25% increase in net yields for FY24.
June 25, 2024 | 1:17 pm
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POSITIVE IMPACT
Carnival Corporation (CCL) reported an 8% increase in Q3 net yields and a 20% rise in adjusted EBITDA. The company also forecasts a 10.25% increase in net yields for FY24.
The significant increase in Q3 net yields and adjusted EBITDA, along with a positive forecast for FY24, indicates strong financial performance and growth prospects for Carnival Corporation. This is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Carnival Corporation (CUK) reported an 8% increase in Q3 net yields and a 20% rise in adjusted EBITDA. The company also forecasts a 10.25% increase in net yields for FY24.
The significant increase in Q3 net yields and adjusted EBITDA, along with a positive forecast for FY24, indicates strong financial performance and growth prospects for Carnival Corporation. This is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100