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Viking (VIK) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
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In its upcoming report, Viking Holdings (VIK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.25 per share, reflecting an increase of 26.3% compared to the same period last year. Revenues are forecasted to be $2.13 billion, representing a year-over-year increase of 13%.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
In light of this perspective, let's dive into the average estimates of certain Viking metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Onboard and other' should arrive at $147.23 million. The estimate suggests a change of +17.6% year over year.
The collective assessment of analysts points to an estimated 'Cruise and land' of $1.97 billion. The estimate indicates a change of +12.5% from the prior-year quarter.
Analysts' assessment points toward 'Capacity PCDs' reaching 2293559 days. Compared to the current estimate, the company reported 2131907 days in the same quarter of the previous year.
Analysts predict that the 'PCDs' will reach 2199290 days. The estimate compares to the year-ago value of 2038772 days.
The average prediction of analysts places 'Occupancy' at 95.9%. The estimate is in contrast to the year-ago figure of 95.6%.
According to the collective judgment of analysts, 'Net Yield' should come in at $638.03 . Compared to the current estimate, the company reported $607.00 in the same quarter of the previous year.
Analysts expect 'PCDs - Viking Ocean' to come in at 911923 days. Compared to the current estimate, the company reported 819040 days in the same quarter of the previous year.
It is projected by analysts that the 'Capacity PCDs - Viking Ocean' will reach 948782 days. Compared to the current estimate, the company reported 854348 days in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Occupancy - Viking Ocean' will likely reach 96.1%. Compared to the current estimate, the company reported 95.2% in the same quarter of the previous year.
The consensus among analysts is that 'Net Yield - Viking River' will reach $640.87 . The estimate is in contrast to the year-ago figure of $607.00 .
Analysts forecast 'Occupancy - Viking River' to reach 96.5%. Compared to the current estimate, the company reported 95.6% in the same quarter of the previous year.
The consensus estimate for 'Net Yield - Viking Ocean' stands at $631.74 . Compared to the current estimate, the company reported $551.00 in the same quarter of the previous year.
Shares of Viking have experienced a change of +8.2% in the past month compared to the +3.8% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), VIK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Viking (VIK) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
In its upcoming report, Viking Holdings (VIK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.25 per share, reflecting an increase of 26.3% compared to the same period last year. Revenues are forecasted to be $2.13 billion, representing a year-over-year increase of 13%.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
In light of this perspective, let's dive into the average estimates of certain Viking metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Onboard and other' should arrive at $147.23 million. The estimate suggests a change of +17.6% year over year.
The collective assessment of analysts points to an estimated 'Cruise and land' of $1.97 billion. The estimate indicates a change of +12.5% from the prior-year quarter.
Analysts' assessment points toward 'Capacity PCDs' reaching 2293559 days. Compared to the current estimate, the company reported 2131907 days in the same quarter of the previous year.
Analysts predict that the 'PCDs' will reach 2199290 days. The estimate compares to the year-ago value of 2038772 days.
The average prediction of analysts places 'Occupancy' at 95.9%. The estimate is in contrast to the year-ago figure of 95.6%.
According to the collective judgment of analysts, 'Net Yield' should come in at $638.03 . Compared to the current estimate, the company reported $607.00 in the same quarter of the previous year.
Analysts expect 'PCDs - Viking Ocean' to come in at 911923 days. Compared to the current estimate, the company reported 819040 days in the same quarter of the previous year.
It is projected by analysts that the 'Capacity PCDs - Viking Ocean' will reach 948782 days. Compared to the current estimate, the company reported 854348 days in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Occupancy - Viking Ocean' will likely reach 96.1%. Compared to the current estimate, the company reported 95.2% in the same quarter of the previous year.
The consensus among analysts is that 'Net Yield - Viking River' will reach $640.87 . The estimate is in contrast to the year-ago figure of $607.00 .
Analysts forecast 'Occupancy - Viking River' to reach 96.5%. Compared to the current estimate, the company reported 95.6% in the same quarter of the previous year.
The consensus estimate for 'Net Yield - Viking Ocean' stands at $631.74 . Compared to the current estimate, the company reported $551.00 in the same quarter of the previous year.
View all Key Company Metrics for Viking here>>>Shares of Viking have experienced a change of +8.2% in the past month compared to the +3.8% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), VIK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .