Shares of cruise company Norwegian Cruise Line (NYSE:NCLH) jumped 8.2% in the morning session after the company reported new financial targets ahead of its 2024 Investors Day session. In line with its "Charting the Course" strategy, NCLH raised FY'2024 guidance: Net Yield (Adjusted Gross Margin per Capacity Day) growth expectation was raised from 6.4% to 7.2%, Adjusted EBITDA guidance was raised from $2.25 billion to $2.30 billion, and Adjusted EPS outlook was raised from $1.32 to $1.42.
The cruise company raised its forecast for 2024 EPS and offered targets it hopes to achieve by the end of 2026.
Strategic initiatives lay foundation to deliver on the Company’s vision to have guests across its brands“Vacation Better. Experience More.” Company’s Charting the Course 2026 Targets include key financial metrics and affirm commitment to reduce greenhouse gas intensity. MIAMI, May 20, 2024 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., (“NCLC”), “Norwegian Cruise Line Holdings”, “Norwegian”, “NCLH” or the “Company”) will hold its Investo