Norwegian Cruise Line Holdings (NYSE:NCLH) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$2.81b (up 11% from 3Q 2023).

• Net income: US$474.9m (up 37% from 3Q 2023).

• Profit margin: 17% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue.

• EPS: US$1.08 (up from US$0.81 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Norwegian Cruise Line Holdings Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%.

Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are up 9.4% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Norwegian Cruise Line Holdings (including 1 which doesn't sit too well with us).

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