CUK - Carnival Corporation & plc (CCL) Q1 2024 Earnings Call Transcript
2024-03-27 14:07:14 ET
Carnival Corporation & plc (CCL)
Q1 2024 Earnings Conference Call
March 27, 2024, 10:00 AM ET
Company Participants
Beth Roberts - Senior Vice President, Investor Relations
Josh Weinstein - President, Chief Executive Officer and Chief Climate Officer
David Bernstein - Chief Financial Officer and Chief Accounting Officer
Conference Call Participants
Robin Farley - UBS
David Katz - Jefferies
Brandt Montour - Barclays
James Hardiman - Citi
Steven Wieczynski - Stifel
Jaime Katz - Morningstar
Matthew Boss - JPMorgan
Patrick Scholes - Truist Securities
Ben Chaiken - Mizuho Securities
Lizzie Dove - Goldman Sachs
Presentation
Beth Roberts
Good morning. This is Beth Roberts, SVP, Investor Relations, Carnival Corporation & plc. Welcome to our First Quarter 2024 Earnings Conference Call. I'm joined today by our CEO, Josh Weinstein; our Chief Financial Officer, David Bernstein; and our Chair, Micky Arison.
Before we begin, please note that some of our remarks on this call will be forward-looking. Therefore, I will refer you to the forward-looking statement in today's press release. All references to ticket prices, net per diem, net yields and adjusted cruise costs without fuel will be in constant currency unless otherwise stated.
References to per diems and yields will be on a net basis. Our comments may also reference cruise costs without fuel, EBITDA, net income, net loss, earnings per share, free cash flow, and ROIC, all of which will be on an adjusted basis unless otherwise stated.
All these references are non-GAAP financial measures defined in our earnings press release. A reconciliation to the most directly comparable US GAAP financial measures and other associated disclosures are also contained in our earnings press release and on our investor presentation. Please visit our corporate website where our earnings press release and investor presentation can be found.
With that, I'd like to turn the call over to Josh.
Josh Weinstein
Thank you, Beth. Before I begin, I would like to express my support and heartfelt sympathy for all those impacted by yesterday's event at the Francis Scott Key Bridge in Baltimore and extend our appreciation to the co-stars and all first responders....
Carnival Corporation & plc (CCL) Q1 2024 Earnings Call Transcript