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Viking Holdings Ltd (VIK)
NYSE:VIK
Earnings Data
Report Date
May 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.28Last Year’s EPS
-1.21Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 11, 2025
|% Change Since: -3.49%
|Next Earnings Date:May 28, 2025
Earnings Call Sentiment|Positive
The earnings call conveyed a positive outlook with strong financial performance, significant growth in bookings, and successful fleet expansion. However, there was some concern about the recent slowdown in booking pace due to global uncertainties.Company Guidance
During Viking's fourth quarter and full year 2024 earnings call, the company reported strong financial performance with a 6.3% increase in capacity and a 7.4% rise in net yield, driving a 14% year-over-year growth in adjusted gross margin to over $3.5 billion. This was complemented by a disciplined expense strategy, resulting in a 23.7% increase in adjusted EBITDA to $1.3 billion. Viking ended the year with a 40.8% return on invested capital and a net leverage ratio of 2.4 times. The company achieved a repeat guest rate of 53% and direct bookings exceeding 50%, solidifying its market share of 52% in rivers and 24% in oceans. Viking celebrated its public listing on the New York Stock Exchange and received multiple accolades, including the 2024 North America IPO of the Year award and top rankings from Conde Nast Traveler and Travel and Leisure. Looking ahead, Viking anticipates a strong 2025, with 88% of its capacity already booked and plans to increase core capacity by 12% through the delivery of 10 river ships and one ocean ship.Record Revenue and Growth
Viking achieved a 14% year-over-year increase in adjusted gross margin to more than $3.5 billion and a 23.7% increase in adjusted EBITDA to $1.3 billion.
Strong Booking and Occupancy Rates
For 2025, Viking is already 88% booked with $5.3 billion of advance bookings, 26% higher than the previous year. Occupancy rates for river and ocean segments were 95.4% and 93.9% respectively.
IPO and Awards
Viking became a publicly traded company on the New York Stock Exchange and received the 2024 North America IPO of the Year award. They were also ranked number one by Conde Nast traveler for the second consecutive year.
Fleet Expansion
Viking is expanding its fleet with 12% capacity growth planned for 2025, including the delivery of 10 river ships and one ocean ship.
Financial Health and Rating Upgrade
Moody's upgraded Viking's corporate rating to BA3 from B1, aligning with S&P's ratings. Viking has a total cash and cash equivalents of $2.5 billion.
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VIK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VIK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 11, 2025 | $42.74 | $40.15 | -6.06% |
| Nov 19, 2024 | $45.39 | $45.09 | -0.66% |
| Aug 22, 2024 | $36.44 | $33.22 | -8.84% |
| May 29, 2024 | $30.60 | $29.71 | -2.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Viking Holdings Ltd (VIK) report earnings?
Viking Holdings Ltd (VIK) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
What is Viking Holdings Ltd (VIK) earnings time?
Viking Holdings Ltd (VIK) earnings time is at May 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VIK EPS forecast?
VIK EPS forecast for the fiscal quarter 2025 (Q1) is -0.28.
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