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Norwegian Cruise Line (NCLH) Reports Q1 Earnings: What Key Metrics Have to Say

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Norwegian Cruise Line (NCLH - Free Report) reported $2.13 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 2.9%. EPS of $0.07 for the same period compares to $0.16 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $2.15 billion, representing a surprise of -0.94%. The company delivered an EPS surprise of -22.22%, with the consensus EPS estimate being $0.09.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Norwegian Cruise Line performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Yield: $279.51 compared to the $278.08 average estimate based on four analysts.
  • Passenger Cruise Days: 5,787.24 KDays compared to the 5,798.74 KDays average estimate based on four analysts.
  • Capacity Days: 5,700.56 KDays versus the four-analyst average estimate of 5,711.97 KDays.
  • Occupancy percentage: 101.5% versus 101.5% estimated by four analysts on average.
  • Fuel price per metric ton, net of hedges: $687 compared to the $695.55 average estimate based on three analysts.
  • Net Cruise Cost Excluding Fuel: $986.10 versus $991.97 estimated by two analysts on average.
  • Adjusted Net Cruise Cost Excluding Fuel: $965.27 million versus $974.29 million estimated by two analysts on average.
  • Gross Cruise Cost per Capacity Day: $297.39 versus $301.59 estimated by two analysts on average.
  • Net Cruise Cost per Capacity Day: $203.68 versus the two-analyst average estimate of $204.87.
  • Total Passengers carried: 669,099 compared to the 690,588 average estimate based on two analysts.
  • Revenue- Onboard and other: $708.87 million compared to the $721.96 million average estimate based on six analysts. The reported number represents a change of -3.1% year over year.
  • Revenue- Passenger ticket: $1.42 billion versus $1.42 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -2.8% change.
View all Key Company Metrics for Norwegian Cruise Line here>>>

Shares of Norwegian Cruise Line have returned -8.8% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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