Proactive Investors - Carnival (NYSE:CCL) plc anticipates a $10 million financial hit from the recent Baltimore bridge collapse, the cruise line operator said in its first-quarter earnings call.
The financial hit is due to Carnival having to change its homeport.
“Given the timing of yesterday's event in Baltimore and the temporary change in homeport, our guidance does not include the current estimated impact of up to $10 million on both adjusted EBITDA and adjusted net income for the full year 2024,” said management.
Financial setback aside, Carnival’s results were highly encouraging, with revenues hitting a first-quarter record of $5.4 billion alongside all-time high booking levels.
Carnival remains optimistic about the future, expecting record revenues and EBITDA for the year.