NCLH - Norwegian Cruise Line Sets Sail For Stellar Outlook; Stock Jumps | Benzinga
Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) reported fourth-quarter fiscal 2023 sales growth of 30.8% year-on-year to $1.986 billion, marginally beating the consensus of $1.97 billion.
Total revenue was up 34% versus 2019, with total revenue per Passenger Cruise Day up approximately 21%, with capacity growth of 17% compared to 2019.
Adjusted EPS improved to $(0.18) from $(1.04) a year ago, missing the consensus of $(0.14).
Due to the ongoing conflict in Israel and the Red Sea, Norwegian Cruise canceled and redirected all calls to Israel during Q4. As a result, Occupancy was 99.2% for the quarter of 2023 and 102.9% for 2023, in line with guidance.
Total cruise operating expenses increased to ...