Norwegian Cruise Line reported a 37% rise in profit year-over-year, reports @MarketWatch, citing strong revenue and growth. The Miami-based cruise company posted third-quarter net income of $474.9 million, or 95 cents per share, compared with $345.9 million, or 71 cents per… https://t.co/3n3jLlqYij
Following recent @CarnivalPLC extremely solid 3rd quarter earnings call, @NewsfromRCgroup / @RoyalCaribbean & @CruiseNorwegian Holdings announced their own results this week outperforming expectations. Future outlook remains strong as record number of consumers choose to #cruise.
$CAR Earnings: - Revenues of nearly $3.5 billion with pricing down 2% and rental days in line with third quarter 2023. - Diluted EPS: $6.65 - Adjusted EBITDA in the Americas was $384 million, driven by an improvement of vehicle utilization of more than one point and strong… https://t.co/vivJGKSjNq

Norwegian Cruise Line Holdings Ltd. (NCLH) reported strong financial results for the third quarter of 2024, generating record total revenue of $2.81 billion, an 11% increase compared to the same period in 2023, driven by a 4% growth in capacity. The company achieved a GAAP net income of $474.9 million, marking a 37% rise year-over-year, with earnings per share (EPS) increasing to $0.99, surpassing analyst estimates of $0.94 and reflecting a 31% year-over-year growth. Norwegian Cruise Line also raised its annual profit forecast for the fourth time this year, bolstered by robust ticket sales and strong demand for cruise services, despite concerns over a potential slowdown in the broader leisure travel sector. The company’s adjusted EPS guidance for the fiscal year was also increased to $1.65 from a previous estimate of $1.53, while adjusted net income guidance rose to $855 million from $790 million. The stock saw a notable increase following the earnings announcement, reflecting positive investor sentiment regarding the company's future outlook.





