Carnival Cruises Into Success With Record Bookings And Strong Q4 Earnings
Carnival Cruises Into Success With Record Bookings And Strong Q4 Earnings
The company registered an operating income of $561 million, up 46.1% YoY. Adjusted EBITDA in the quarter stood at $1.22 billion, up 28.9% YoY, and margin expanded to 20.6%.Carnival Corp (NYSE:CCL) stock surged on Friday after the company reported better-than-expected fourth-quarter 2024 results.
嘉年華存託憑證 (紐交所:CCL) 股票在週五大幅上漲，因公司報告了超出預期的2024財年第四季度業績。
The company reported fourth-quarter adjusted EPS of $0.14, compared to a $0.07 loss a year ago, and beating the consensus estimate of $0.08.
公司報告第四季度每股調整收益爲0.14美元，去年同期爲0.07美元的虧損，超出市場共識預期的0.08美元。
Carnival reported quarterly sales growth of 10% year-over-year to $5.938 billion, marginally beating the street view of $5.932 billion.
嘉年華報告第四季度銷售同比增長10%，達到59.38億，略微超出市場預期的59.32億。
The company registered an operating income of $561 million, up 46.1% YoY. Adjusted EBITDA in the quarter stood at $1.22 billion, up 28.9% YoY, and margin expanded to 20.6%.
公司錄得經營收入56100萬，同比增長46.1%。該季度調整後的息稅折舊攤銷前利潤（EBITDA）爲12.2億，同比增長28.9%，利潤率擴展至20.6%。
Carnival reported record booking volumes for 2025 and 2026 despite lower inventory and seasonal slowdowns. With nearly two-thirds of 2025 already booked, the company expects another year of strong yield improvement. The company ended the quarter with $4.155 billion of liquidity.
儘管庫存較低和季節性放緩，嘉年華仍報告了2025年和2026年的創紀錄預訂量。公司已經預訂了近三分之二的2025年，預計將迎來又一個強勁的收益改善年。公司在本季度結束時擁有流動資金41.55億。
"We are delivering long-term value for our shareholders through improved operational execution across our brands, essentially on a same ship basis. We ended 2024 with adjusted ROIC of 11 percent, comfortably above our cost of capital. In fact, with one year down, we're already over 80 percent of the way toward achieving our 2026 SEA Change EBITDA and adjusted ROIC targets," commented Carnival Corporation & plc's Chief Executive Officer Josh Weinstein.
"我們通過提高各品牌的運營執行能力，爲我們的股東提供長期價值，基本上是在同一船舶基礎上。我們以11%的調整後資本回報率（ROIC）結束2024年，遠高於我們的資本成本。事實上，在第一年結束時，我們已經完成了達到2026年Sea的EBITDA和調整後資本回報率目標的80%以上，"嘉年華公司首席執行官Josh Weinstein評論道。
Q1 2025 Outlook: Carnival expects net yields to be up approximately 4.6% YoY and Adjusted cruise costs, excluding fuel per ALBD, to rise 3.4% YoY, both in constant currency.
2025年第一季度展望：嘉年華預計淨收益將在同比增長約4.6%，調整後每艘可用客艙天數（ALBD）排除燃料的郵輪成本將同比上升3.4%，均以固定貨幣計算。
The company sees Adjusted EPS of $0.00 for the quarter versus $0.01 loss consensus.
公司預計該季度調整後每股收益爲0.00美元，而市場共識爲0.01美元的虧損。
2025 Outlook: Carnival projects net yields (in constant currency) up approximately 4.2% YoY.
2025年展望：嘉年華預計淨收益（按固定貨幣計算）同比增長約4.2%。
CCL sees adjusted EPS of ~$1.70 versus consensus of $1.74 for the fiscal. Fuel consumption of 2.9 million metric tons at an average cost of $617 per ton, resulting in a total fuel expense of $1.89 billion
CCL預計調整後的每股收益約爲$1.70，而市場共識爲$1.74。燃料消耗爲290萬公噸，平均成本爲每噸$617，總燃料費用爲$18.9億。
The company projects cruise costs per ALBD (excluding fuel) to rise 3.7% due to dry-docks, advertising, and Celebration Key, with adjusted net income of $2.3 billion (+20%), adjusted EBITDA of $6.6 billion, and an adjusted ROIC of 11.7%.
公司預計每個可用船舶牀位的郵輪成本（不包括燃料）將因幹船塢、廣告和慶祝關鍵而上升3.7%，調整後的凈利潤爲$23億（+20%），調整後的EBITDA爲$66億，調整後的投資回報率爲11.7%。
Price Action: CCL shares are trading higher by 2.98% at $25.93 at the last check Friday.
價格走勢：CCL股票在上週五最後一次檢查時上漲了2.98%，交易價格爲$25.93。
Image via Carnival Corporation.
圖片來源於嘉年華公司。
譯文內容由第三人軟體翻譯。
