Norwegian Cruise Line Stock Sputters | Global News Avenue

Norwegian Cruise Company holds (NLH) Shares fell more than 5%, retreating after a strong year.

Norwegians released their latest quarterly financial results on Thursday, and meet Wall Street expectations and forecasts Further growth In the coming year. Its shares Already shot nearly 25% In the past 12 months, it may have prompted investors to be cautious.

Stocks of other cruise operators, including Royal Caribbean Group (RCL) and Carnival (CCL), as the S&P 500 glides over 1.5%, also fell.

The company made record amounts in the December 31 quarter. Norwegians report $468.2 million Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA)up 30% from the same period last year, 9% higher than $430 million Consensus Estimation Among the analysts who conducted the survey on Visible α.

Revenue increased by 6% Year-on-year To $2.1 billion – same as analysts’ expectations. Norway’s fourth-quarter adjusted earnings per share (EPS) was 52 cents, much higher than Consensus Estimation 6 cents.

Over the entire year, the company’s adjusted earnings per share was $1.89, up from the 39 cents consensus estimate for $1.41 and above in 2023. The company expects it to complete 2025 with adjusted EPS of $2.05.

CEO Harry Sommer said bookings for the next 12 months are at the “best” level. Cruise operators are expected to end the full year with adjusted net income of $1.07 billion, surpassing the latest year’s $910 million.

The company is eager to introduce two new ones, the CEO says Boat In 2025, including Allura, a more upscale vessel and Norwegian water. Sommer is Income conference call.