Norwegian Cruise Line Holdings (NCLH) saw its stock soar 5.98% in pre-market trading on Thursday following the release of its second-quarter 2025 financial results. Despite missing some analyst estimates, the company's performance and forward-looking guidance have clearly impressed investors.

The cruise operator reported adjusted earnings per share of $0.51, meeting analyst expectations and marking a substantial 27.5% increase from the same period last year. While the company's revenue of $2.517 billion fell slightly short of the $2.554 billion estimate, it still represented a 6.13% year-over-year growth. The net income for the quarter came in at $29.992 million, significantly below the expected $258.2 million, but this seems to have been overshadowed by other positive indicators.

What appears to be driving investor enthusiasm is Norwegian Cruise Line's optimistic outlook for the remainder of the year. The company projects an adjusted EBITDA of $1,015 million for the third quarter and $2,720 million for the full year. Additionally, it forecasts adjusted earnings per share of $1.14 for Q3 and $2.05 for the full year. These forward-looking figures suggest strong confidence in the company's ability to capitalize on the rebounding travel industry and manage its operational costs effectively.