Viking Holdings Ltd

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Viking Holdings Ltd (VIK) reports revenue growth and strong bookings

Viking Holdings Ltd (VIK) delivered solid financial performance in Q2 2024 with revenue growth and improved EBITDA. Despite challenges from noncash items impacting net income, the company's strong demand and marketing strategy position it well for future opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Viking Holdings Ltd. provides destination-focused itineraries for curious travelers. The firm's journeys including a shore excursion in every port and an onboard and onshore enrichment program that provides deep immersion in the destination through performances of music and art, cooking demonstrations, informative port talks and carefully selected guest lecturers. It provides travel experiences through river vessels, ocean ships, expedition ships and time chartered river ship. The company was founded by Torstein Hagen in 1997 and is headquartered in Hamilton, Bermuda.

Lindblad Expeditions

Norwegian Cruise Line

The cruise industry is back in full swing after the pandemic slump, and analysts are loving some cruise stocks that are doing exceptionally well. Some of the strong buy cruise stocks are from companies that have traded in the stock market for years, while others are breakout successes.

Wall Street Favorites: 3 Cruise Stocks With Strong Buy Ratings for June 2024

Booking Hlds

US Global Jets ETF

Even though consumers tighten their budgets in certain discretionary spending like dining out and luxury goods, interest in travel remains strong. This has translated into a surprisingly steady expenditure on vacations and trips and a subsequent unexpected stability in travel stocks.

3 Travel Stocks to Buy Now: June 2024

The initial public offering of Viking Holdings Ltd. (VIK, Financial) was quite successful, raising $1.54 billion at around $24 per share.

Viking Holdings IPO: Analyzing Market Enthusiasm and Its Financial Outlook

The Marygold Companies 

MINNEAPOLIS--(BUSINESS WIRE)-- #BeneficialOwnership--Wolters Kluwer has been named a Gold-level winner in the 2024 Globee® American Business Awards for its efforts in helping businesses comply with new, beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA). Wolters Kluwer won in the Regulatory Category for its Beneficial Ownership Platform, launched in conjunction with the rule's January 1, 2024 effective date. “We are pleased by this industry honor, which recognizes.

Wolters Kluwer Wins Top 2024 Globee American Business Award Honors for Beneficial Ownership Reporting Solution

LOS ANGELES--(BUSINESS WIRE)--Viking® (www.viking.com) (NYSE: VIK) today is celebrating a new set of accolades from leading travel industry publication TravelAge West. The company earned five category wins—securing recognition across its river, ocean and expedition product lines—in the 2024 WAVE Awards. Voted on by travel advisors and readers, Viking earned top honors in three river categories: River Cruise Line Providing the Best Travel Advisor Support, Best River Cruise Line for U.S. Sailings.

Viking Sweeps TravelAge West's 2024 WAVE Awards with Recognition Across River, Ocean and Expedition Voyages

Carnival

Royal Caribbean Cruises

A range of cruise stocks are seeing some significant selling pressure build today, as investors price in analyst warnings on the sector. Analyst Andrew Didora of BofA released a note on the sector that is garnering significant attention today.

Why Are Cruise Stocks Down Today?

Destination-focused luxury cruise operator Viking Holdings Ltd. NYSE: VIK went public through a $1.8 billion initial public offering (IPO) on May 1, 2024.

Can Viking Holdings Extend Gains from Affluent Cruisers?

OneSpaWorld Holdings Limited

Given how well the cruise line industry is performing right now, figuring out which cruise stocks to buy, rather than cruise stocks to sell, may be what's top of mind among more investors. After all, cruise line stocks have surged in a big way since 2023, as the sector's post-pandemic recovery gained momentum, resulting in massive improvements in revenue and profitability.

3 Sorry Cruise Stocks to Sell in May While You Still Can

River cruise operator Viking reported first-quarter results on Wednesday morning. The stock sank on the news.

Hot IPO Viking Is a Fjord Tough Stock

LOS ANGELES--(BUSINESS WIRE)--Viking® (www.viking.com) (NYSE: VIK) today is celebrating the start of its third season in the Great Lakes, with both of its identical expedition ships, the Viking Octantis® and the Viking Polaris®, now deployed in the region. Voted #1 for Expeditions by Condé Nast Traveler in the most recent Readers' Choice Awards, Viking offers a variety of itineraries that operate between Toronto and Duluth and explore all five Great Lakes. The 378-guest expeditions vessels, whi.

Viking Returns to the Great Lakes for Third Season

Viking Holdings slipped after the luxury cruise line and recent IPO sailed past Wall Street's forecasts.

Viking Sales Ride High In Q1 But IPO Hits Choppy Seas

LOS ANGELES--(BUSINESS WIRE)--Viking Holdings Ltd (the “Company” or “Viking”) (NYSE: VIK) today reported financial results for the first quarter ended March 31, 2024. Key Highlights Adjusted Gross Margin for the first quarter of 2024 increased 19.1% compared to the same period in 2023, resulting in a Net Yield of $508. Adjusted EBITDA increased by $46.1 million compared to the first quarter of 2023. Net Leverage declined from 3.8x as of December 31, 2023 to 3.4x as of March 31, 2024. As of May.

Viking Reports First Quarter 2024 Financial Results

Viking has earned a ‘Buy' rating in initial coverage from analysts at Bank of America (BofA) and UBS who are bullish on the cruise operator's luxury focus. The cruise company, which operates voyages across the river, ocean and expeditionary segments, debuted on the New York Stock Exchange earlier this month at about $26 per share and traded hands at about $31 on Tuesday afternoon.

Viking's luxury cruise focus to deliver superior returns, analysts believe

Viking Holdings (VIK) shares gained close to 3% in intraday trading Tuesday after several analysts initiated coverage of the cruise line with bullish comments about its outlook.

Viking Stock Rises as Analysts Begin Coverage With Bullish Comments

Viking is known for its high-end European river cruises, which have proved popular with wealthy older Americans.

Viking Is Finally Getting Wall Street Coverage. Why Analysts Love the Cruise Stock.

River cruise operator Viking went public at $24 earlier this month. Viking caters to an entirely different market from Carnival, and that could be a good thing.

Is This Hot IPO the Next Carnival?

LOS ANGELES--(BUSINESS WIRE)--Viking® (www.viking.com) (NYSE: VIK) today announced its latest scientific advancement on board the company's expedition fleet with the addition of real-time environmental DNA (eDNA) sequencing of phytoplankton. With scientific support from UC San Diego's Scripps Institution of Oceanography and J. Craig Venter Institute (JCVI), the PCR lab on board the Viking Octantis® has been converted into an advanced scientific environment where visiting scientists contributing.

Phytoplankton Genetically Sequenced at Sea for the First Time

PACS Group, Inc.

ZEEKR Intelligent Technology Holding Ltd

For investors as well as traders, it's important to keep a close eye on initial public offerings. It presents an opportunity to consider exposure to new companies with an attractive business model and growth outlook.

3 Recent IPOs That Can Double in 3 Months

Cruising is back in a big way. But you don't have to enjoy cruising to start looking for cruise stocks to buy.

Wall Street Favorites: 3 Cruise Stocks with Strong Buy Ratings for May 2024

LOS ANGELES--(BUSINESS WIRE)--Viking Holdings Ltd (“Viking”) (NYSE: VIK) has scheduled a conference call for 8:00 a.m. Eastern Time, Wednesday, May 29, 2024, to discuss the company's first quarter 2024 financial results which will be released before the stock market opens. The call will be simultaneously webcast on Viking's investor relations website, https://ir.viking.com. A replay of the webcast will remain available for 30 days following the call. About Viking Viking (NYSE: VIK) was founded.

Viking Schedules Conference Call on First Quarter 2024 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Viking® (www.viking.com) (NYSE: VIK) today announced its newest ship for the Nile River—the 82-guest Viking Sobek—was “floated out,” marking a major construction milestone and the first time the ship has touched water. Set to sail in the fall of 2024, the Viking Sobek will join the company's growing fleet of state-of-the-art ships for the Nile River and will sail Viking's popular 12-day Pharaohs & Pyramids itinerary. “Egypt has always captivated curious travele.

Viking Announces Float Out of Newest Egypt Ship

LOS ANGELES--(BUSINESS WIRE)--Viking® (www.viking.com) (NYSE: VIK) today announced that Carola Mengolini has joined the company as Vice President of Investor Relations, effective May 6, 2024. In this role, she will be responsible for developing and executing the company's investor relations program and communicating with the financial community. Mengolini brings nearly 25 years of relevant experience to Viking, including almost 15 years at The Royal Caribbean Group. During her tenure there, she.

Viking Announces New Vice President of Investor Relations

After several difficult years both during and after the Covid-19 pandemic, the cruise line industry is finally bouncing back. Cruise operators are reporting record bookings for 2024 as travel demand comes back to pre-pandemic levels.

The 3 Most Undervalued Cruise Stocks to Buy in May 2024

Proficient Auto Logistics Inc

SOW GOOD INC

Silvaco Group Inc

Cruise operator Viking Holdings led the week's deals, completing the year's largest US IPO to date. Michael Klein's Churchill Capital Corp IX raised $250 million in the first blank check IPO in over a month.

U.S. IPO Weekly Recap: Viking Trades Up After Completing The Year's Largest US IPO To Date

LOS ANGELES , May 3, 2024 /PRNewswire/ -- Viking Holdings Ltd ("Viking") today announced the closing of its initial public offering of an aggregate of 73,647,916 ordinary shares at a public offering price of $24.00 per share. Viking offered 11,000,000 ordinary shares and the selling shareholders offered 62,647,916 ordinary shares, including the full exercise by the underwriters of their option to purchase up to 9,606,248 additional ordinary shares.

News for Viking Holdings Ltd Stock (VIK)