NCLH 4Q 2013 YOUTUBE

In preparation for NCLH's FQ4 2013 earnings release Tuesday, we’ve put together the recent pertinent forward looking company commentary.

NEW SHIP PREMIUMS

  • Breakaway operates a healthy premium to both ticket pricing and onboard spend 
  • The new ships are pricing at about a double-digit premium to the Epic, and the Epic has been pricing at a double-digit premium to the rest of the fleet. 

2014 NCC

  • Looking to 2014, expect adjusted net cruise cost excluding fuel to stabilize and decrease in the range of 1% to 2%, as NCLH return to our more normalized dry-dock schedule and new build launch expenses roll-over year-over-year.

2014 EPS

  • Expect earnings to grow approximately 60% in the coming year.

1Q 2014 

  • The first quarter is booked a little bit behind.  There is a couple of reasons for that. One being that the Easter break, which is a big time off especially in the Northeast is toward the end April this coming year versus it was March 31 for 2013. So, that booking momentum has changed a little bit into the second quarter.
  • Solid pricing for 1Q. Pricing is above the mid single digits.

2014 YIELDS

  • Something that hopefully begins with a 4%, whether it's a low-4s or the mid-4s, it's too early to say

CARIBBEAN

  • In the first couple of quarters in the Caribbean, we have a healthy pricing environment right now
  • It is a little bit more promotional.

EUROPE

  • Pricing has been a positive. Feeling pretty good about Europe right now.
  • Mid single-digit range is a fair assumption

ONBOARD

  • Fourth quarter starting out is strong...has exceeded our expectations. Feel very confident with our onboard revenue.