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NCLH forecasts 2018 EPS to rise to $4.45 to $4.65 bracket 

Norwegian Cruise Line Holdings Ltd (NCLH) forecasts 2018 adjusted earnings per share (EPS) to rise to the range of $4.45 to $4.65 from $3.96 it reached in 2017.

The continued strong global demand for NCLH portfolio of brands will enable the group to further grow revenue, resulting in sixth consecutive year of net yield growth. “This, coupled with the benefit of the launch of Norwegian Bliss and a continued focus on costs, will drive 2018 earnings to record highs,” said Wendy Beck, executive vice president and chief financial officer of NCLH in a statement.

Adjusted net yields should rose by 2.75% as reported and by 2.0% on constant currency terms. Net cruise costs should rise between 0.5% and 1.5% as reported and remain flat or rise by 1.0% in constant currency terms.

Frank Del Rio, president and chief executive officer of the company, said: “It has been a remarkable journey for our Company with more major milestones to come and an amazing trajectory of profit growth for 2018 and beyond. Our solid revenue and earnings performance will continue in 2018, having entered the year in the best booked position in our Company’s history with pricing above prior year across all three of our brands."

 

 

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