Norwegian Cruise Line Holdings (NYSE:NCLH) rose 11% to $17.87 after reporting Q3 2026 adjusted earnings of $1.12 per share, above the $0.94 consensus, and revenue of $2.95 billion, essentially flat year over year. Adjusted EBITDA reached $937 million, above the company's $874 million guidance, and net yield fell 6.7% in constant currency, less than the 8.9% decline it had guided. Norwegian raised its full-year outlook to about $2.55 billion in adjusted EBITDA and about $1.70 in adjusted EPS, and it forecasts 2027 net yield growth of 1% to 2%. The company still expects an adjusted loss of about $0.12 per share in Q4. Royal Caribbean rose 3% to $306.82 and Carnival gained 2% to $28.74, with traders treating the beat as a read on cruise demand across the group.
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