Shares of Norwegian Cruise Line Holdings Ltd. (NCLH) have rallied 75.7% in the past six months, outperforming the Zacks Leisure and Recreation Services industry’s growth of 14%.The company’s impressive third-quarter 2024 results anchored by resilient demand, elevated onboard offerings and targeted growth strategies have positioned it ahead of competitors. In the same time frame, stocks like Carnival Corporation & plc (CCL) , Royal Caribbean Cruises Ltd. (RCL) and OneSpaWorld Holdings Limited (OSW) have gain ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35784 NORWEGIAN CRUISE LINE HOLDINGS LTD. (Exact name of registrant as specified in its charter) Bermuda ...

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When I last wrote about cruise company Norwegian Cruise Line Holdings (NYSE: NCLH ) in September, a 12% price upside was still visible for 2024 and bigger increases for the two years after. Since then, however, the stock isManika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Grow ...

N CRUISE LINE | --- | --- | --- | --- | --- | --- | --- | |----------------------|-------|-------|-------|-------|-------|-------| | | | | | | | | | Q3 2024 Earnings | | | | | | | | Conference Call | | | | | | | | - October 31, 2024 | | | | | | | F O R W A R D L O O K I N G S T A T E M E N T S Some of the statements, estimates or projections contained in this release are "forward-looking statements" within the meaning of the U.S. federal securities laws intended to qualify for the safe harbor from liability ...

Financial Data and Key Metrics Changes - The company achieved the highest quarterly gross revenue and adjusted EBITDA in its history, with adjusted EBITDA reaching $931 million, surpassing guidance by over $60 million and increasing year-over-year by approximately 24% [11][37] - Adjusted EPS increased 31% to $0.99, exceeding guidance of $0.92, despite a $0.06 negative impact from foreign exchange rates [12][38] - Net leverage improved to 5.58x, a reduction of approximately 1.75 turns from year-end 2023, with expectations to decrease further to around 5.4x by year-end [12][57] Business Line Data and Key Metrics Changes - The company projected a net yield increase of 9.4% for the year, marking a 120 basis point improvement from previous guidance, expected to be a record since going public in 2013 [14][42] - Adjusted operational EBITDA margin is expected to improve to 35.3%, a 4.6 percentage point increase over 2023, driven by strong top-line growth [15][51] Market Data and Key Metrics Changes - Net yield grew 9% year-over-year, outperforming guidance by 260 basis points, driven by strong pricing and demand across all geographies, particularly in Alaska and Canada New England voyages [24][35] - Advanced ticket sales increased 6% compared to the previous year, outpacing capacity growth, driven by robust pricing and a dynamic deployment mix [27] Company Strategy and Development Direction - The company is focused on its "Charting the Course" strategy, emphasizing four pillars: people, product, growth platform, and performance, aiming for improved guest experiences and financial targets by 2026 [8][10] - New ship additions and enhancements are part of the growth platform, with the introduction of Norwegian Luna in 2026 and Norwegian Aqua in early 2025, aimed at driving financial returns [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand environment and the ability to achieve 2026 targets, with a focus on maintaining disciplined cost management and improving guest satisfaction [7][15] - The company anticipates continued strong demand for all brands and deployment, with pricing and load for 2025 expected to be in line or above this year's levels [26][88] Other Important Information - The company received an MSCI rating of A for its sustainability efforts and was recognized as the top-ranked company in the ESG leadership category at the ESG shipping awards [28][30] - The company has committed to significant community support initiatives, including contributions to disaster relief efforts [33] Q&A Session Summary Question: Insights on pricing trends and comparisons to previous quarters - Management noted that pricing has shown strength, with expectations for fourth quarter yields to be around 5%, despite strong comparisons from the previous year [62][64] Question: Discussion on booking strength and demographics - Management indicated robust booking trends across all brands and geographies, with no discernible negative patterns [72][74] Question: Future yield growth expectations - Management aims for low to mid-single-digit yield growth, emphasizing that while they strive for higher yields, they remain committed to their established growth algorithm [80][82] Question: Cost savings and efficiency initiatives - Management expressed confidence in exceeding the $300 million cost savings target by 2026, highlighting ongoing efforts to optimize processes while maintaining guest experience [84][85] Question: Outlook on occupancy trends - Management expects occupancy to remain stable, with no significant changes anticipated in the near term, given the current deployment strategy [102][104]

Norwegian Cruise Line (NCLH) reported $2.81 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 10.7%. EPS of $0.99 for the same period compares to $0.76 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.76 billion, representing a surprise of +1.68%. The company delivered an EPS surprise of +4.21%, with the consensus EPS estimate being $0.95.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...

Norwegian Cruise Line Holdings Ltd. (NCLH) reported solid third-quarter 2024 results, with earnings and revenues surpassing the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The management attributed the performance to the strength of NCLH's business model, the appeal of its product offerings across brands, and the effective execution by both shoreside and shipboard teams. Driven by high demand ...

Norwegian Cruise Line (NCLH) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.21%. A quarter ago, it was expected that this cruise operator would post earnings of $0.34 per share when it actually produced earnings of $0.40, delivering a surprise of 17.65%.Over the last four quarters, ...

EXHIBIT 99.1 Norwegian Cruise Line Holdings Reports Strong Third Quarter 2024 Financial Results Third quarter revenue up ~11% over prior year setting record revenue in a quarter Company beats third quarter guidance across all key metrics and raises full year guidance for fourth time MIAMI, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd. ("NCLC"), "Norwegian Cruise Line Holdings", "Norwegian", "NCLH" or the "Company") today reported finan ...