Q4 2019 Carnival Corp and Carnival PLC Earnings Call Transcript

Dec 20, 2019 / 03:00PM GMT
Arnold W. Donald - Carnival Corporation & Plc - CEO, President & Director

Good morning, everyone, and welcome to our fourth quarter 2019 earnings conference call. I'm Arnold Donald, President and CEO of Carnival Corporation & plc. Today, I'm joined 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. First, I sincerely thank the 150,000 members of the Carnival family, who collectively work to offset numerous headwinds and still deliver memorable cruise experiences for our 13 million guests as well as another year of record adjusted earnings per share for our shareholders.

We achieved fourth quarter adjusted earnings of $0.62 per share; that's higher than the midpoint of our guidance by $0.14 per share. We ended the year with full year adjusted earnings per share of

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