Carnival beats top-line and bottom-line estimates; initiates FY25 outlook

  • Carnival press release (NYSE:CCL): Q4 Non-GAAP EPS of $0.14 beats by $0.07.
  • Revenue of $5.94B (+10.0% Y/Y) beats by $10M.
  • Record fourth quarter adjusted EBITDA of $1.2 billion was 29 percent higher than 2023 and outperformed September guidance by $80 million.

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