Loading...
•
Jun 30, 2023
Norwegian Cruise Line Q2 2023 Earnings Report
Reported strong second quarter results, exceeding guidance on key metrics and improving full year outlook.
Key Takeaways
Norwegian Cruise Line Holdings reported strong second quarter results for 2023, exceeding guidance on key metrics and leading to an improved full year outlook for Adjusted EBITDA and Adjusted EPS. Occupancy reached approximately 105%, and total revenue was up 33% compared to 2019. The company's advance ticket sales balance reached a record $3.5 billion.
Occupancy reached approximately 105% for the second quarter of 2023.
Total revenue was up 33% in the second quarter versus 2019.
Adjusted EBITDA in the second quarter was approximately $515 million, exceeding the same quarter in 2019.
As of June 30, 2023, the Company’s advance ticket sales balance was a record $3.5 billion.
Forward Guidance
The Company also provided guidance for the third quarter and full year 2023, along with accompanying sensitivities. The Company does not provide certain estimated future results on a GAAP basis because the Company is unable to predict, with reasonable certainty, the future movement of foreign exchange rates or the future impact of certain gains and charges.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...