Norwegian Cruise Line beats Q1 profit estimates but cuts full-year guidance amid booking and geopolitical challenges

Norwegian Cruise Line reported a mixed Q1 2026, with adjusted EPS of $0.23 beating expectations but revenue slightly missing at $2.33 billion. The company lowered its full-year guidance due to weaker bookings and geopolitical tensions, including Middle East conflicts that raised fuel costs and reduced demand, especially in Europe. Norwegian now expects adjusted EPS between $1.45 and $1.79 and plans cost-saving measures to improve efficiency. CEO John Chidsey remains optimistic about building a leaner, more effective company for long-term value.