VIK Earnings Prediction
The chart below shows how VIK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VIK sees a -0.57% change in stock price 10 days leading up to the earnings, and a -2.50% change 10 days following the report. On the earnings day itself, the stock moves by -8.84%. This data can give you a slight idea of what to expect for the next quarter's release.
VIK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.68B
11.41%
5.76%
Gross Margin
42.21%
5.90%
3.48%
Operating Margin
29.16%
6.58%
8.40%
Net Margin
22.33%
127.18%
127.39%
EPS
0.86
129.97%
104.76%
No Data Available
VIK Earnings Analysis
Viking Holdings Ltd Corporation (VIK.N) Earnings Conference Call
Positive
Net Yield Increase: Consolidated net yield increased by 11% year-over-year, reaching almost $1.7 billion, primarily due to higher revenue per PCDs.
Adjusted Gross Margin Improvement: Adjusted gross margin improved by 12% year-over-year to $1.1 billion, resulting in a net yield of 576.11% higher than the third quarter of 2023.
Q3 Adjusted EBITDA Increase: Adjusted EBITDA for the third quarter totaled $554 million, improving more than $73 million compared to the same time last year.
Net Income Improvement: Net income for the third quarter of 2024 was $375 million compared to a loss of $1.2 billion for the same period in 2023.
Strong Financial Performance: Adjusted EPS was $0.89, reflecting strong financial performance and growth.
Negative
Net Income Recovery: Net income for the third quarter of 2024 was $375 million compared to a loss of $1.2 billion for the same period in 2023, indicating a significant recovery but still reflecting previous losses.
Q3 Adjusted Net Income: Adjusted net income attributable to Viking Holdings Ltd for the third quarter of 2024 was $394 million, which is a recovery from the previous year's losses but still highlights the volatility in earnings.
Rising Vessel Expenses: Vessel expenses, excluding fuel per capacity PCDs, increased 2.5% this quarter compared to the same time last year, indicating rising operational costs.
Adjusted EBITDA Performance: Adjusted EBITDA for the third quarter totaled $554 million, which, while an improvement, still reflects the challenges faced in maintaining profitability.
Quarterly Revenue Increase: Total revenue in the quarter increased 11.4% year-over-year to almost $1.7 billion, primarily due to higher revenue per PCDs, but this growth is tempered by the previous year's losses.
VIK FAQs
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VIK Earning Call Sentiment
Viking Holdings Ltd (VIK) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
VIK.N
1.99%Positive
The earnings call presents mixed signals. Financial performance shows strong revenue growth and improved net income, but concerns exist over significant debt and a recent secondary offering, which typically dampens stock price. The Q&A reveals management's evasiveness on key issues like Egypt's impact and capital return, indicating potential uncertainties. Despite strong financial metrics, the lack of guidance on shareholder returns and a conservative financial stance suggest a cautious outlook. The combination of positive financials and uncertainties leads to a neutral prediction for stock price movement over the next two weeks.
