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Carnival Sees Q2 Net Yields (In Constant Currency) Up ~10.5% Compared To 2023 Levels; Adjusted EBITDA Of ~$1.05B, Over 50% Growth Compared To Q2 2023

Author: Benzinga Newsdesk | March 27, 2024 09:47am

For the second quarter of 2024, the company expects:

  • Net yields (in constant currency) up approximately 10.5 percent compared to 2023 levels, including the unfavorable impact from the Red Sea rerouting of 0.5 percentage points, with occupancy at historical levels.
  • Adjusted cruise costs excluding fuel per ALBD (in constant currency) up approximately 3.0 percent compared to the second quarter of 2023, including the unfavorable impact of 1.3 percentage points as a result of lower ALBD's from the Red Sea rerouting as certain ships reposition without guests.
  • Adjusted EBITDA of approximately $1.05 billion, over 50 percent growth compared to the second quarter of 2023.

Posted In: CCL CUK


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