Norwegian Cruise (NCLH) Jumps 7.6% on Strong Cruise Demand

We recently published 10 Big Names Already Crushing This February. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) was one of the top performers on Monday.

Norwegian Cruise rallied by 7.65 percent on Monday to close at $23.64 apiece as investors took heart from a record-breaking customer demand for its subsidiary’s newly launched ship, Oceania Sonata.

In a statement, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) said that Sonata, operated and owned by its subsidiary, Oceania Cruises, exceeded the launch day booking record of its predecessor, Allura, by 45 percent.

Of all room categories, the suite type received the highest demand, prompting Oceania Cruises to upsize the allocation of high-yielding accommodations from the previous class of new ships.

Sonata is set to start sailing in August 2027, followed by three others in 2029, 2032, and 2035.

Sonata aside, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) recently unveiled the newest and largest addition to its fleet, the Norwegian Aura, which is said to be 10 times larger than its predecessors, Aqua and Luna. It would be capable of accommodating 3,840 guests. The ship is currently being developed by Italian shipbuilder Fincantieri and is targeted to begin sailing in May next year.

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is expected to release its earnings results on February 27, based on its historical earnings reporting dates.

For the fourth quarter, the company is targeting to book adjusted net income of $1.045 billion, with earnings per share of $2.10. Adjusted EBITDA, on the other hand, is projected at $2.72 billion.

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Disclosure: None. This article is originally published at Insider Monkey.