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Norwegian Cruise Line Holdings Ltd. Positive Outlook


Shares of Norwegian Cruise Line Holdings Ltd. (NCLH) surged by 6.6% in premarket trading on Tuesday, following the company’s fourth-quarter financial report. Despite a wider-than-expected loss for the fourth quarter, the cruise operator anticipates a surprise profit for the current quarter due to sustained “healthy consumer demand” and impressive booking figures.

Financial Highlights

  • Fourth Quarter Results: Net losses for the period ending on Dec. 31 decreased to $106.5 million, or 25 cents per share, as compared to $482.5 million, or $1.14 per share, in the same period last year. Excluding one-time charges, the adjusted per-share loss of 18 cents was slightly higher than the FactSet consensus of 12 cents.
  • Revenue Growth: The company reported a revenue increase of 30.8% to $1.99 billion, surpassing the FactSet consensus of $1.97 billion. Passenger ticket revenue saw a 31.8% rise to $1.33 billion, while onboard and other revenue increased by 28.7% to $653.4 million.
  • Future Projections: Occupancy rates for the year were recorded at 102.9%, exceeding previous guidance of 102.6%. Looking ahead to the first quarter, Norwegian Cruise Line Holdings Ltd. expects an adjusted EPS of 12 cents, in contrast to the FactSet consensus estimate of a 20-cent loss.

Market Performance

Despite recent challenges, the company’s stock has shown resilience, with a 10.8% gain over the past three months leading up to Monday. This positive trend comes in comparison to the S&P 500 index which has seen an increase of 11.4% during the same period.

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