Norwegian Cruise Line (NCLH) stock sank on Wednesday following the release of the travel company’s Q1 2025 earnings report. The bad news started with adjusted earnings per share of 7 cents, compared to Wall Street’s estimate of 9 cents and the company’s internal guidance of 8 cents. This was also roughly half of its adjusted EPS of 16 cents reported in Q1 2024.
Norwegian Cruise Line posted revenue of $2.12 billion in Q1, another miss next to analysts’ estimate of $2.15 billion. It was also down 3.2% year-over-year from $2.19 billion. That’s despite $3.9 billion in advance ticket sales during the quarter.
Investors aren’t satisfied with Norwegian Cruise Line’s Q1 results, sending shares 8.29% lower in pre-market trading today. That extends the company’s 32.45% loss year-to-date.
Norwegian Cruise Line 2025 Guidance
Norwegian Cruise Line provided updated guidance for 2025 in its Q1 earnings report. That includes adjusted EPS of $2.05 on revenue of $10 billion this year, which would miss Wall Street’s estimate of $2.08 per share and $10.17 billion.
Norwegian Cruise Line’s Q2 guidance of adjusted EPS of 51 cents also likely didn’t impress investors. According to MainStreetData, this would miss analysts’ EPS estimate of 53 cents. NCLH noted in its latest earnings report that it “has seen softening in forward booked position.”
Is NCLH Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Norwegian Cruise Line is Moderate Buy, based on 12 Buy and six Hold ratings over the last three months. With that comes an average price target of $26.24, representing a potential 50.98% upside for NCLH stock. These ratings and price targets will likely change as analysts update their coverage after today’s earnings.
