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NCLH raises full year EPS forecast to $4.70 to $4.80 range

Norwegian Cruise Line Holdings Ltd (NCLH0, the world’s third largest cruise shipping company has raised its full year 2018 earnings per share (EPS) forecast to $4.70 to $4.80 from a previous forecast of $4.45 to $4.65 on strong demand, the company said in a statement.

The company said its 2018 full year net yield growth guidance on a constant Currency basis increased 75 basis points from prior guidance to approximately 3.25%, or 125 basis points from the company’s initial full year outlook provided in February.

“The strong demand environment is expected to continue driving higher pricing in the back half of the year, leading to an increase of our full year 2018 Adjusted EPS outlook to a range of $4.70 to $4.80, well above the initial guidance range set at the beginning of the year.” Frank Del Rio, president and chief executive officer of NLCH.

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