Carnival Corp. - Ordinary Shares (Paired Stock)

NYSE:CCL   3:59:57 PM EDT
9.47
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Other Pre-Announcement

Carnival Says Cash From Operations Turned Positive In Q2

Published: 06/24/2022 13:34 GMT
Carnival Corp. - Ordinary Shares (Paired Stock) (CCL) - Oration & Plc Provides Second Quarter 2022 Business Update.
U.S. GAAP Net Loss of $1.8 Billion and Adjusted Net Loss of $1.9 Billion for Q2 of 2022.
U.S. GAAP Net Loss of $1.8 Billion and Adjusted Net Loss of $1.9 Billion for Q2 of 2022.
Cash From Operations Turned Positive in Q2 of 2022.
Cash From Operations Turned Positive in Q2 of 2022.
Revenue Increased by Nearly 50% in Q2 of 2022 Compared to Q1 2022, Reflecting Continued Sequential Improvement.
Occupancy in Q2 of 2022 Was 69%, an Increase From 54% in Prior Quarter.
Booking Volumes for All Future Sailings During Q2 of 2022 Were Nearly Double Booking Volumes During Q1 of 2022.
Qtrly Loss per Share $1.61.
For Full Year 2022, Company Continues to Expect a Net Loss.
Expects a Net Loss for Q3 of 2022.
Expects Positive Adjusted EBITDA for Q3 of 2022.
Booking Volumes for Second Half of 2022 Sailings, Since Beginning of April, Have Been Higher Than 2019 Levels.
Cumulative Advance Bookings for Second Half of 2022 Are Below Historical Range.
As of June 24, 2022, 91% of Company's Capacity is in Guest Cruise Operation As Part of Its Ongoing Return to Service.
Cumulative Advanced Bookings for Full Year 2023 Continue to Be Both at Higher End of Historical Range.
Q2 Earnings per Share View $-1.17, Revenue View $2.77 Billion -- Refinitiv Ibes Data (analyst estimates).company's Fuel Consumption Forecast for Remainder of Year is 1.4 Million Metric Tons.