- Norwegian Cruise Line’s adjusted earnings per share (EPS) matched expectations at 51 cents, equivalent to a 40% increase from the previous year.
- Revenue rose by 6.1% year-over-year to $2.52 billion, slightly below the anticipated $2.55 billion.
- Adjusted EBITDA saw an 18% increase from the previous year, reaching $694 million, surpassing the estimate of $671.1 million.
- Occupancy was recorded at 103.9%, just below the 105.9% from the previous year but slightly above the estimate of 103.4%.
- Passenger cruise days increased by 3.5% year-over-year to 6.29 million, in line with the estimate of 6.26 million.
- The number of passengers carried grew by 3.8% to 738,635, close to the anticipated 746,108.
- Gross cruise costs rose by 2.2% year-over-year to $1.85 billion, while net cruise costs increased by 3.2% year-over-year to $1.17 billion, just under the estimated $1.19 billion.
- The projected adjusted net cruise cost excluding fuel per capacity day for 2025 is expected to grow by approximately 0.6% compared to 2024, aligning with previous guidance.
- The company maintains its full year 2025 guidance, anticipating an adjusted operational EBITDA margin of approximately 37%, marking a 150 basis point increase from 2024.
- Full-year adjusted net income guidance remains firm at approximately $1,045 million.
- The company reports that demand has rebounded across all its brands, with bookings surpassing historical levels recently, supported by strong onboard spending.
- The company attributes its performance to the strong offerings across its fleet and a focus on driving returns on investment and experience.
- Analyst sentiment includes 16 buy ratings, 8 hold ratings, and no sell ratings.
Norwegian Cruise Line Holdings on Smartkarma
Analyst coverage on Norwegian Cruise Line Holdings on Smartkarma by Baptista Research showcases a positive outlook. In the report titled “Norwegian Cruise Line Holdings: Will Bold Cost Cuts & Efficiency Moves Help Expand Margins?”, the focus is on the company’s solid first-quarter 2025 results. With net yield exceeding expectations by 1.2% and adjusted EBITDA hitting $453 million, NCLH is on a promising trajectory, even though adjusted EPS fell slightly due to foreign exchange impacts.
Another report by Baptista Research titled “Norwegian Cruise Line Holdings: Demand & Deployment Optimization For A Competitive Edge!” highlights the strong financial performance of NCLH in the fourth quarter and full year of 2024. The company’s success is attributed to strategic initiatives like the “Charting the Course” strategy, which has led to significant improvements in net yield, surpassing projections by 450 basis points. These analyses from Baptista Research point towards a bullish sentiment on Norwegian Cruise Line Holdings‘ future performance.
A look at Norwegian Cruise Line Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Norwegian Cruise Line Holdings shows a promising long-term outlook. With a strong score of 4 in Growth and 5 in Momentum, the company appears to be well-positioned for future expansion and performance. This indicates positive indicators for potential growth and market activity in the coming years, which could attract investors looking for companies with upward momentum.
However, the company scores lower in Value and Dividend at 2 and 1 respectively. This suggests that from an investment perspective, Norwegian Cruise Line Holdings may not be as attractively priced or offer significant dividend returns compared to other companies.
### Norwegian Cruise Line Holdings Ltd. operates a fleet of passenger cruise ships. The Company offers an array of cruise itineraries as well as theme cruises, while markets its services through various distribution channels including retail and travel agents, consumer direct, international sales, as well as incentive sales. Norwegian Cruise extends its services worldwide. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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