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Viking Holdings Ltd (VIK)
NYSE:VIK
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Earnings Data
Report Date
May 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-1.21Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 22, 2024
|% Change Since: 5.11%
|Next Earnings Date:May 29, 2024
Earnings Call Sentiment|Positive
The earnings call conveyed a strong positive sentiment with robust revenue growth, high booking rates, improved net income, and recognition in the travel industry. However, there were some concerns related to increased vessel expenses and the potential impact of geopolitical events on future bookings.Company Guidance
During Viking's Q3 2024 earnings call, the company highlighted several key performance metrics and provided guidance for the future. Viking reported a consolidated net yield increase of 11% year-over-year, with 95% of its 2024 capacity and 70% of 2025 capacity already sold as of November 3, 2024. The company emphasized its strong brand recognition and loyal customer base, noting a repeat guest percentage increase from 27% in 2015 to 53% in 2024. Viking also reported total revenue of $1.7 billion, an 11.4% increase year-over-year, and an adjusted EBITDA of $554 million, with a net income of $375 million for the quarter. Looking ahead, Viking is focusing on expanding its capacity by 12% for 2025 and has already secured $4.3 billion in advance bookings, 26% higher than the same point last year. Additionally, the company is exploring options for new ocean ships and expanding its presence in Asian markets, highlighting its commitment to long-term growth.Strong Revenue Growth
Total revenue in Q3 increased 11.4% year-over-year to almost $1.7 billion, with a net yield up 11% from the prior year.
High Booking Rates
95% of 2024 capacity and 70% of 2025 capacity sold as of November 3, 2024, showing strong demand for core products.
Awards and Recognition
Viking was rated #1 in oceans, rivers, and expeditions by Conde Nast Traveler in their 2024 Readers' Choice Awards for the second consecutive year.
Improved Net Income
Net income for Q3 2024 was $375 million, a significant improvement from a loss of $1.2 billion in Q3 2023.
High Occupancy Rates
Occupancy for River segment was 95.3% and for Ocean was 95% for the nine-month period ended September 30, 2024.
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VIK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VIK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 19, 2024 | $45.39 | $45.09 | -0.66% |
| Aug 22, 2024 | $36.44 | $33.22 | -8.84% |
| May 29, 2024 | $30.60 | $29.71 | -2.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Viking Holdings Ltd (VIK) report earnings?
Viking Holdings Ltd (VIK) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
What is Viking Holdings Ltd (VIK) earnings time?
Viking Holdings Ltd (VIK) earnings time is at May 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VIK EPS forecast?
Currently, no data Available
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