Norwegian Cruise Line Holdings LtdFull-year EPS guidance cut to ~$1.50 from prior forecast, citing softer demand and execution challenges.

Norwegian Cruise Line Holdings reported second quarter 2026 adjusted earnings per share of $0.48, exceeding its own guidance of $0.38, while total revenue rose 4.9% to $2.6 billion. The company now expects full-year 2026 adjusted EPS of approximately $1.50, down from its prior forecast, citing softer demand at its Norwegian Cruise Line brand and execution challenges. It also identified an additional $100 million in expected annualized run-rate savings, primarily from technology vendor consolidation and other cost initiatives. The company announced a memorandum of agreement for the sale of Oceania Sirena, with the ship continuing to operate under a charter through spring 2028, and expects the transaction to close in the third quarter. Net leverage stood at 5.3 times as of June 30, 2026, with total debt of $15.0 billion and liquidity of $1.5 billion.
Norwegian Cruise Line Holdings LtdFull-year EPS guidance cut to ~$1.50 from prior forecast, citing softer demand and execution challenges.