Norwegian Cruise Line Soars: Strong Q3 Results Fuel Share Price Surge and Raised Guidance

Norwegian Cruise Line Holdings Ltd (NCLH) stock jumped significantly after the company delivered impressive third-quarter earnings, exceeding analysts’ expectations and raising its annual outlook. NCLH reported a 10.7% year-over-year revenue increase, boosted by strong demand and operational efficiency, leading to a significant increase in adjusted EBITDA and EPS. The company’s optimistic outlook for 2024, characterized by projected revenue growth, net yield expansion, and increased adjusted EBITDA, further propelled the share price higher.

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