挪威邮轮第三季度营收29亿美元、净利4.91亿美元，上调全年指引
挪威邮轮控股 Norwegian Cruise Line Holdings（NYSE: NCLH）10月29日在 Miami 公布2026年第三季度业绩：季度总营收29亿美元，按公认会计准则（GAAP）计净利4.91亿美元、每股收益1.07美元，去年同期净利为4.19亿美元。
调整后口径同样好于公司指引：调整后 EBITDA（息税折旧摊销前利润）为9.37亿美元，高于指引的8.74亿美元；调整后净利5.14亿美元、调整后每股收益1.12美元，高于指引的0.90美元。公司称，临近出发日期的需求与船上消费强于预期、成本纪律见效是业绩超预期的主因。
业务动态方面，公司私人岛屿大斯特鲁普礁（Great Stirrup Cay）占地近6英亩的 Great Tides 水上乐园已于9月初开业；10月15日，公司完成9.5亿美元2031年到期高级票据发行并扩大循环信贷额度，流动性得到加强。公司还完成了 Oceania Sirena 号的出售并回租运营至2028年春季，另已签约出售 Oceania Insignia 号、预计2027年9月交付。
资产负债表方面，截至9月30日公司总债务151亿美元、净债务148亿美元，净杠杆率为5.5倍；按季后发行与信贷调整后的备考口径，流动性约21亿美元。
公司上调2026年全年指引：全年调整后 EBITDA 预期约25.5亿美元，调整后净利约7.89亿美元、调整后每股收益约1.70美元；第四季度调整后 EBITDA 预期约4.14亿美元。公司预计2027年净收益率增长1%至2%，下半年提速更明显。
董事长兼首席执行官 John W. Chidsey 表示，第三季度业绩好于指引，公司正推进品牌定位、营销效率与收益管理的下一阶段改进；首席财务官 Mark A. Kempa 表示，降低净杠杆仍是首要任务，季后发债后公司在2029年前没有重大到期债务。
Norwegian Cruise Line Holdings Third-Quarter Revenue Reaches $2.9 Billion With Net Income of $491 Million as Full-Year Guidance Is Raised
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) reported third-quarter 2026 results on October 29 in Miami. Total revenue was $2.9 billion. GAAP net income was $491 million, or $1.07 per share, compared with $419 million a year earlier.
Adjusted results also beat guidance: adjusted EBITDA was $937 million versus guidance of $874 million, adjusted net income was $514 million and adjusted EPS was $1.12 versus guidance of $0.90. The company said stronger-than-expected close-in demand and onboard spending, together with cost discipline, drove the beat.
On the business side, the nearly six-acre Great Tides Waterpark opened in early September at the company's private island, Great Stirrup Cay. On October 15 the company issued $950 million of senior notes due 2031 and upsized its revolving credit facility. It also completed the sale of Oceania Sirena under a charter back through spring 2028 and agreed to sell Oceania Insignia, with delivery expected in September 2027.
As of September 30, total debt was $15.1 billion and net debt $14.8 billion, for net leverage of 5.5 times. On a pro forma basis for the post-quarter financing, liquidity would have been $2.1 billion.
The company raised full-year 2026 guidance: adjusted EBITDA of approximately $2.55 billion, adjusted net income of approximately $789 million and adjusted EPS of approximately $1.70. Fourth-quarter adjusted EBITDA is expected to be about $414 million. For 2027, the company expects net yield growth of 1% to 2%, with a meaningful acceleration in the second half.
Chairperson and CEO John W. Chidsey said third-quarter results came in above guidance as the company sharpens brand positioning, marketing effectiveness and revenue management. Executive Vice President and CFO Mark A. Kempa said reducing net leverage remains a top priority and that, following the post-quarter issuance, the company has no significant debt maturities until 2029.
来源：GSM·美国（原文链接）
图片来源：图：挪威邮轮旗下「Norwegian Encore」号邮轮2026年5月驶离加拿大 Victoria 时的船尾全景。照片：Gordon Leggett 摄，CC BY 4.0，经 Wikimedia Commons。 / The Norwegian Cruise Line ship Norwegian Encore departing Victoria, British Columbia, in May 2026. Photo: Gordon Leggett, CC BY 4.0, via Wikimedia Commons.
