NCLH Q3 2026 slides: turnaround gains traction, earnings beat guidance
Norwegian Cruise Line Holdings reported Q3 2026 adjusted EBITDA of $937 million and adjusted EPS of $1.12, both above guidance, with occupancy at 106.5%. Shares rose 10.9% pre-market to $17.81. Great Stirrup Cay's waterpark and pier are now operational.
Why it matters:Results above guidance and cost savings above $625 million run-rate signal improving cruise operator performance, with Great Stirrup Cay amenities supporting Bahamas-linked itineraries, though debt near $16 billion remains a constraint. (Positive development)