How is Norwegian Cruise Line doing financially?

How is Norwegian Cruise Line doing financially? Generated total revenue of $2.5 billion, a record for the Company and up 33% compared to the same period in 2019, and GAAP net income of $345.9 million, or EPS of $0.71. Achieved Adjusted EBITDA of $752 million and Adjusted EPS of $0.76, exceeding guidance of $730 million and $0.70 respectively.

Who owns the most Norwegian Cruise Line stock?

Largest shareholders include Vanguard Group Inc, Capital International Investors, BlackRock Inc., AGTHX - GROWTH FUND OF AMERICA Class A, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, NAESX - Vanguard Small-Cap Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor ...

Is NCL a luxury Cruise Line?

Norwegian is also a mass-market brand, not a luxury cruise operator. Still, as we'll explain below, it offers a wide range of accommodations, some of which fall squarely in the luxury segment.

Is Norwegian Cruise Line going to survive?

Norwegian Cruise Line Holdings (NCLH) Norwegian plans to introduce eight more ships through 2027²¹. In Q3 2022, total revenue reached $1.6 billion, still well below 2019 levels,²² but occupancy and onboard revenue grew significantly, pointing to Norwegian's strong recovery.

Why is Norwegian Cruise Line stock falling?

The company's guidance for the third quarter, typically the best three months for cruise operators, fell short of expectations, and it's being punished by investors. Norwegian expects adjusted earnings of 70 cents per share in the third quarter, below estimates of 80 cents per share, according to FactSet data.

Is 2023 a good year to cruise?

With 2023 poised to be a big year for both new and frequent cruisers — thanks in part to an abundance of new ships and itineraries — Travel + Leisure has hand-selected 16 different types of adventures to consider in the year ahead.

What is Norwegian Cruise Line known for?

Norwegian Cruise Line is known for its fun, laid-back ambiance and inventive freestyle cruising concept, which features no enforced dress codes, no fixed dining times, and a plethora of onboard entertainment and family-friendly activities.

What happens if ncl cancels a cruise?

(doing business as Norwegian Cruise Line) (“NCL”), cancels your cruise, or delays your cruise for more than 3 calendar days, and you do not accept an alternative cruise or choose not to travel on a delayed cruise, you are entitled to a refund of cruise fare and charges for accommodations, services and facilities ( ...

What cruise lines are in debt?

The cruise sector had a tough pandemic. What lessons has it learned from the crisis? Covid-19 shut the industry for the best part of two years, leaving the Big Three — Carnival Corp, Royal Caribbean Group and Norwegian Cruise Line Holdings — under an unprecedented pile of debt that they will be paying down for years.

What is the outlook for Norwegian Cruise Line 2023?

Full year 2023 Occupancy is expected to average 103.5%, consistent with prior guidance. As expected, Occupancy in the quarter is slightly lower than the second quarter of 2019, reflecting the Company's strategic shift to longer, more immersive itineraries.

Is NCL cancelling cruises in 2023?

A few days ago NCL announced it was canceling the entire winter 2023/24 European cruise season on Norwegian Epic and will instead redeploy Epic to the highly lucrative Caribbean market.

Is Norwegian Cruise Lines financially stable?

In the case of Norwegian Cruise Line Holdings, both the revenue per share (evident from the last five years' TTM data: 2019: 28.67; 2020: 21.68; 2021: 0.08; 2022: 5.74; 2023: 16.54; ) and the 5-year revenue growth rate (-32%) have been on a consistent downward trajectory.