# Norwegian Cruise Line Shares Decrease
### Important Points
* Norwegian Cruise Line Holdings’ shares decreased by over 5% on the day of Thursday, after an almost 25% increase over the past year.
* The business announced solid profits and predicts additional expansion in 2025.
* CEO Harry Sommer mentioned that reservations are at their highest points, and the business is introducing a cruise liner with a rollercoaster and water slides.
Norwegian Cruise Line Holdings (NCLH) experienced a decrease in its stock value of over 5% after a phase of impressive results.
The Norwegian company released its most recent quarterly economic numbers on Thursday, fulfilling or surpassing Wall Street forecasts and predicting further growth in the coming year. Its stock had risen almost 25% over the past year, which might have caused some traders to be wary.
Stocks of other cruise companies, including Royal Caribbean Group (RCL) and Carnival Corporation (CCL), also dropped, while the S\&P 500 decreased by over 1.5%.
The business achieved unprecedented profits for the quarter ending December 31st. Norwegian reported an adjusted EBITDA of $468.2 million, a 30% rise from the prior year and roughly 9% greater than the $430.1 million analysts generally predicted, according to a Visible Alpha survey.
Income increased by 6% annually, hitting $2.1 billion, which matched with analyst predictions. Norwegian’s adjusted profits per share (EPS) for the fourth quarter were 52 cents, greatly surpassing the consensus estimate of 6 cents.
For the entire year, the business reported adjusted EPS of $1.89, up from 39 cents in 2023 and also exceeding the consensus estimate of $1.41. The business predicts adjusted EPS to reach $2.05 towards the close of 2025. Toncoin (TON) Value Forecast for March 26th
CEO Harry Sommer stated that reservations for the coming year are at “best” marks. The cruise company expects to finish the year at $1.
Following revisions, the income after taxes hit $1.007 billion, substantially surpassing the $910 million announced during the preceding financial period.
The Chief Executive Officer declared that the firm is greatly looking forward to the debut of two novel vessels in 2025, encompassing the more luxurious Allura and the Norwegian Aqua. Throughout the earnings discussion, Sommer noted that the latter will present a performance honoring the artist Prince and will incorporate an amusement that merges a roller coaster and a water slide.
