Norwegian Cruise Line Turns To Profit In Q4; Sees Q1, FY25 Earnings Below Market - Update

(RTTNews) - Norwegian Cruise Line Holdings Ltd. (NCLH), while reporting a profit in its fourth quarter, compared to prior year's loss, on Thursday issued adjusted earnings outlook for first quarter and fiscal 2025, both below market estimates.

In pre-market activity on the NYSE, Norwegian Cruise Line shares were gaining around 1.4 percent to trade at $25.40.

Looking ahead, the company expects first-quarter adjusted net income of around $37 million or $0.08 per share and fiscal 2025 adjusted net income of around $1.07 billion or $2.05 per share.

The Wall Street analysts, on average, expect earnings of $0.09 per share for the first quarter and $2.09 per share for the full year. Analysts' estimates typically exclude special items.

In its fourth quarter, net earnings were $254.54 million, compared to loss of $106.49 million in the same period last year. Earnings per share were $0.52, compared to prior year's loss of $0.25.

Adjusted earnings were $124.73 million or $0.26 per share for the period. Analysts projected $0.11 per share.

Revenue grew to $2.11 billion from $1.99 billion in the same period last year. The Street was looking for revenues of $2.1 billion.

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