Stock Market Today, Oct. 29: Norwegian Cruise Line Holdings Beats Q3 Estimates, Raises Full-Year Guidance
Today, Oct. 29, 2026, the cruise operator reported $2.95 billion in revenue and lifted 2026 EPS guidance to $1.70.
On October 29, Norwegian Cruise Line Holdings (NCLH) reported beating expectations for Q3 earnings while increasing its full-year guidance, resulting in a 13.45% gain in stock price. The company's shares opened at $18.22, up 13.45%, with a trading volume of 63.0 million shares, around 241% higher than its three-month average of 18.5 million shares. Since going public in 2013, the stock has fallen 27%.
The broader market showed mixed results, with the S&P 500 (^GSPC) closing at 7,720, down 0.31%, and the Nasdaq Composite (^IXIC) closing at 26,185, down 1.38%. Norwegian Cruise Line Holdings' Q3 report highlighted strong demand for cruises and higher guidance, leading to investor optimism. Despite bookings being below optimal levels, the company's ability to manage high fuel prices and slow bookings has been impressive.
Norwegian Cruise Line Holdings opened a new waterpark attraction at its private Great Stirrup Cay in the Bahamas, and appointed Meghan Montana as the new chief strategy officer, effective in January.
Investors appear to be sensing a bottom in the stock, even as shares remain down more than 18% this year.
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