Q3 2021 Carnival Corp & Carnival PLC Business Update Call Transcript - Thomson StreetEvents

Q3 2021 Carnival Corp & Carnival PLC Business Update Call Transcript

Q3 2021 Carnival Corp & Carnival PLC Business Update Call Transcript - Thomson StreetEvents
Q3 2021 Carnival Corp & Carnival PLC Business Update Call Transcript
Published Sep 24, 2021
16 pages (10465 words) — Published Sep 24, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of CCL.N earnings conference call or presentation 24-Sep-21 2:00pm GMT

  
Brief Excerpt:

...Good morning, everyone, and welcome to our business update conference call. I'm Arnold Donald, President and CEO of Carnival Corporation & plc. Today, I'm joined telephonically by our Chairman, Micky Arison as well as David Bernstein, our Chief Financial Officer; and Beth Roberts, Senior Vice President, Investor Relations. Thank you all for joining us this morning. Now before I begin, please note that some of our remarks on this call will be forward-looking. Therefore, I must refer you to the cautionary statement in today's press release. We are absolutely thrilled to be back doing what we do best, delivering amazing, memorable vacation experiences to our guests. Our team members are overjoyed to be back on board and it shows, our guests are having a phenomenal time. Our onboard revenues for guests are off the charts, and our Net Promoter Scores have been exceptionally strong. I've had the pleasure of visiting a number of ships in recent weeks, both here in the U.S. and abroad. And I can...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Carnival Corp
Ticker
CCL.N
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Brandt Antoine Montour - JPMorgan Chase & Co, Research Division - Analyst : So David, I was wondering if you could maybe give us your view on how bookings cadence progressed throughout Delta, but just focused on sailings for the second half of '22. And then if there was a wobble at all, how did the industry respond to that in terms of pricing?

Question: Brandt Antoine Montour - JPMorgan Chase & Co, Research Division - Analyst : Excellent. And then as a follow-up, I know you're targeting cash flow -- cash flow from operations breakeven sometimes early in '22, and I know that you didn't give a specific month on that, which we can appreciate. I'm just curious, what are you assuming in that for customer deposit inflows if anything, or it might still be elevated at that time. And so just curious what's baked in for that.

Question: Brandt Antoine Montour - JPMorgan Chase & Co, Research Division - Analyst : Okay. But maybe to ask a different way, do you need elevated customer deposit inflows to breakeven on cash flow from operations in the first half of next year?

Question: Brandt Antoine Montour - JPMorgan Chase & Co, Research Division - Analyst : Yes, that's helpful.

Table Of Contents

Q1 2022 Carnival Corp & Carnival PLC Business Update Call Summary – 2022-03-22 – US$ 54.00 – Edited Brief of CCL.N earnings conference call or presentation 22-Mar-22 2:00pm GMT

Q1 2022 Carnival Corp & Carnival PLC Business Update Call Transcript – 2022-03-22 – US$ 54.00 – Edited Transcript of CCL.N earnings conference call or presentation 22-Mar-22 2:00pm GMT

Q4 2021 Carnival Corp & Carnival PLC Business Update Call Summary – 2021-12-20 – US$ 54.00 – Edited Brief of CCL.N earnings conference call or presentation 20-Dec-21 3:00pm GMT

Q4 2021 Carnival Corp & Carnival PLC Business Update Call Transcript – 2021-12-20 – US$ 54.00 – Edited Transcript of CCL.N earnings conference call or presentation 20-Dec-21 3:00pm GMT

Q3 2021 Carnival Corp & Carnival PLC Business Update Call Summary – 2021-09-24 – US$ 54.00 – Edited Brief of CCL.N earnings conference call or presentation 24-Sep-21 2:00pm GMT

Q2 2021 Carnival Corp & Carnival PLC Business Update Summary – 2021-06-24 – US$ 54.00 – Edited Brief of CCL.N earnings conference call or presentation 24-Jun-21 2:00pm GMT

Q2 2021 Carnival Corp & Carnival PLC Business Update Transcript – 2021-06-24 – US$ 54.00 – Edited Transcript of CCL.N earnings conference call or presentation 24-Jun-21 2:00pm GMT

Q1 2021 Carnival Corp & Carnival PLC Business Update Summary – 2021-04-07 – US$ 54.00 – Edited Brief of CCL.N earnings conference call or presentation 7-Apr-21 2:00pm GMT

Q1 2021 Carnival Corp & Carnival PLC Business Update Transcript – 2021-04-07 – US$ 54.00 – Edited Transcript of CCL.N earnings conference call or presentation 7-Apr-21 2:00pm GMT

Carnival Corp & plc Q4 2020 Business Update Call Summary – 2021-01-11 – US$ 54.00 – Edited Brief of CCL.N earnings conference call or presentation 11-Jan-21 3:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Q3 2021 Carnival Corp & Carnival PLC Business Update Call Transcript" Sep 24, 2021. Alacra Store. May 21, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Carnival-Corp-Carnival-PLC-Business-Update-Call-T14989809>
  
APA:
Thomson StreetEvents. (2021). Q3 2021 Carnival Corp & Carnival PLC Business Update Call Transcript Sep 24, 2021. New York, NY: Alacra Store. Retrieved May 21, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Carnival-Corp-Carnival-PLC-Business-Update-Call-T14989809>
  
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