Given the strength and diversity of its brands and itineraries, this cruise operator has successfully captured the potential and repeat cruise vacationers. Moreover, strong booking and demand trends, capacity growth, ship and technological innovation, along with various profit-generating initiatives are expected to drive the quarter’s top- and bottom-line performance.
Particularly, the company’s North American and European products along with its Asia-Pacific itineraries are likely to deliver strong results in the to-be-reported quarter. Meanwhile, increased investments in the Chinese cruise market are likely to further bolster the quarter’s results.
However, lingering global uncertainties in key operating regions might limit revenue growth. In addition, continued strengthening of the U.S. dollar versus the company’s basket of currencies is expected to hurt profits in the to-be-reported quarter. Also, higher marketing and promotional spend along with increased cruise costs may adversely impact the quarter’s margins.