Norwegian Cruise Line sees FY26 adjusted EPS $2.38, consensus $2.60

2026 full year Net Yield on a Constant Currency basis is expected to be approximately flat versus 2025 while the Company works to improve execution of its commercial strategy. 2026 Adjusted Net Cruise Cost excluding Fuel per Capacity Day is expected to grow approximately 0.9% on a Constant Currency basis versus 2025, marking the third consecutive year of sub-inflationary unit cost performance. 2026 full year Adjusted EBITDA is expected to be approximately $2.95 billion. Adjusted Operational EBITDA Margin for the full year 2026 is expected to be approximately 37%. Full year Adjusted Net Income is expected to be approximately $1.12 billion. Adjusted EPS is expected to be $2.38. Net Leverage is expected to end the year at about 5.2x.