Viking Holdings Stock Drops Despite Beating Q4 Earnings Expectations

The cruise operator reported strong financial results but warned of slower bookings due to global uncertainties.

Viking Holdings reported Q4 adjusted earnings per share of 45 cents, surpassing analyst expectations of 34–37 cents.
Revenue for Q4 2024 grew 20.5% year-over-year to $1.35 billion, driven by increased passenger capacity and higher revenue per cruise day.
The company announced that 88% of its passenger cruise days for fiscal year 2025 are already booked, reflecting strong demand.
Despite positive financial results, Viking executives noted slower February bookings, attributing this to global economic uncertainties.
Viking shares fell over 5% on Tuesday, though they remain up nearly 70% from the company’s IPO price last spring.