With Bookings at Historical Levels, Norwegian Cruise Line Stock Is Worth a Closer Look
After record-breaking bookings in recent months, Norwegian Cruise Line Holdings (NYSE: NCLH) looks to be rebounding from its pandemic-era slump. No doubt, numerous headwinds persist as the company seeks to boost occupancy and margins without compromising its level of service. But based on Norwegian's recent performance and future outlook, I think this cruise line stock is worth putting on your watch list.
Norwegian brought in fourth-quarter revenue that was more than triple the same period in 2021. For the year, Norwegian's 2022 total revenue came in at $4.84 billion -- 7 times higher than 2021's result.
Interestingly enough, while full-year 2022 revenue fell 25% below 2019 levels, Q4 revenue actually beat pre-pandemic levels by 2.6%.
Source Fool.com
