Norwegian Cruise Line cuts 2026 outlook as fuel costs rise

The operator lowered its 2026 profit forecast to between $1.45 and $1.79 per share. Middle East tensions have increased fuel costs and slowed travel demand.

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NORWEGIAN CRUISE LINE HOLDIN cut its 2026 adjusted profit forecast to $1.45–$1.79 per share from $2.38 on Monday morning. The revision follows a 16% decline in NCLH shares this year, including a 6% drop in Monday's early trading. Rising fuel costs and weakening European demand linked to Middle East tensions are eroding margins for the cruise operator.

Geopolitical Tensions Weigh on European Bookings

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