Cruise & Cruise Line

Norwegian Cruise Line Holdings CEO: 2024 Continues To Be An 'Exceptional' Year

Image: Norwegian Viva. (Photo Credit: Norwegian Cruise Line Media)
Image: Norwegian Viva. (Photo Credit: Norwegian Cruise Line Media)
Sarah Kuta
by Sarah Kuta
Last updated: 1:50 PM ET, Wed July 31, 2024

Buoyed by continued strong demand for cruises, Norwegian Cruise Line Holdings has raised its annual profit outlook for the third time this year. 

The publicly traded company shared its second-quarter results today, reassuring shareholders with news of “strong pricing and booking volumes” as well as “record-breaking advanced ticket sales,” said Harry Sommer, president and chief executive officer of Norwegian Cruise Line Holdings Ltd., on a post-earnings call.

Norwegian reported adjusted earnings per share of $0.40 in the second quarter, or $2.37 billion in adjusted net income. Adjusted earnings per share beat analysts expectations, while adjusted net income fell just short of analysts’ forecasts.

The company increased its adjusted profit guidance to $1.53 per share, an 8 percent increase from its previous $1.42 forecast.

“2024 continues to be an exceptional year in terms of our financial performance, as evidenced by our strong second quarter results which exceeded guidance across the board,” said Sommer.


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Sarah Kuta

Sarah Kuta

Sarah Kuta is a writer and editor based in Longmont, Colorado. Her work has appeared in Travel+Leisure, Conde Nast Traveler, AFAR, Food&Wine, Smithsonian magazine, National Geographic, Lonely Planet, Robb Report, the Toronto Star, the Denver Post and many other publications. Sarah has a degree in journalism from Northwestern University. She can be reached at [email protected]  You can follow her on social media https://www.instagram.com/kutasarah/ and https://twitter.com/SarahKuta

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