Report
Jaime Katz
EUR 101.80 For Business Accounts Only

Strong advance bookings boosted by healthy brand equity set to bolster profits at Norwegian.

Narrow-moat Norwegian Cruise Line's results reinforced Royal Caribbean’s thesis earlier this week that consumers continue to choose experiences over things at an increasing pace. While pricing growth was slightly less robust than its peer, at 3.1% (Royal delivered as-reported yield growth of 5.9% in its third quarter), it still surpassed our implied forecast of 2.2% and the company’s prior guidance calling for 2% yield improvement. With full-year guidance that includes fourth-quarter yields and ...
Underlying
Norwegian Cruise Line Holdings Ltd.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Jaime Katz

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