Norwegian Cruise Line Holdings Ltd. (NCLH) reported first-quarter 2026 earnings of $0.23 per share. This result exceeded Wall Street expectations of $0.15 per share. Quarterly revenue reached $2.33 billion, falling short of the consensus estimate range of $2.34 billion to $2.40 billion.
The company lowered its full-year 2026 adjusted earnings guidance to a range of $1.45 to $1.79 per share. CEO John W. Chidsey initiated cost-saving measures expected to generate $125 million in annualized savings.
These results suggest potential headwinds for the travel and leisure segments. The combination of a revenue miss and lowered guidance serves as a negative signal for investors tracking consumer discretionary ETFs like the XLY.