
Norwegian Cruise Line Holdings Ltd. ($NCLH) reported a record fourth quarter total revenue of $2.1 billion, marking a 6% increase compared to the same period in 2023, despite a 1% decline in capacity. The company's GAAP net income reached $254.5 million, reflecting a $361 million increase year-over-year, with earnings per share (EPS) rising to $0.26, surpassing analysts' expectations of $0.11. The strong revenue performance was attributed to increased onboard spending, cost efficiencies, and a 9% growth in net yield. However, Norwegian Cruise Line's initial profit outlook for the upcoming year fell short of expectations due to anticipated higher costs, although the company indicated that strong demand for cruises is expected to continue.
Hilton Grand Vacation, $HGV, 4Q-24. Results: 📊 Adj. EPS: $0.49 🔴 💰 Revenue: $1.28B 🔴 🔎 Revenue surged 25.96% YoY, boosted by the Bluegreen Vacations acquisition, while net income declined due to construction-related revenue deferrals.
Norwegian Cruise Line, $NCLH, Q4-24. Results: 📊 Adj. EPS: $0.26 🟢 💰 Revenue: $2.11B 🟢 📈 Net Income: $254.54M 🔎 Record Q4 revenue driven by strong onboard spending, cost efficiencies, and 9.0% Net Yield growth.
Norwegian signaled strong cruise demand is expected to continue this year, though its initial profit outlook missed expectations on higher costs https://t.co/X2TPSb9stI