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Norwegian Cruise Line Increases 2024 Adjusted EPS Guidance -- Shares Rise Pre-Bell
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Norwegian Cruise Line Increases 2024 Adjusted EPS Guidance -- Shares Rise Pre-Bell
May 20, 2024 6:50 AM

09:27 AM EDT, 05/20/2024 (MT Newswires) -- Norwegian Cruise Line ( NCLH ) said Monday that due to "strong demand and an improved outlook for the year" it's increasing its full-year 2024 adjusted EPS guidance to $1.42 from $1.32.

Analysts polled by Capital IQ expect $1.33.

The company, which is holding its investor day on Monday, said it's launching a strategy which includes three-year financial and sustainability targets to improve shareholder returns.

As part of those targets, the company said it expects adjusted EPS by the end of 2026 of about $2.45, which would represent a two-year compound annual growth rate from 2024 to 2026 of more than 30%.

The company's shares were rising past 3% in recent premarket activity.

Price: 16.44, Change: +0.69, Percent Change: +4.38

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