Viking Holdings LtdNYSE: VIK

Viking Holdings (VIK) on Tuesday posted third-quarter revenue and net income that beat analysts' expectations.

Viking Holdings Ltd (NYSE:VIK ) Q3 2024 Earnings Conference Call November 19, 2024 8:00 AM ET Company Participants Tor Hagen - CEO Leah Talactac - CFO Linh Banh - EVP, Finance Carola Mengolini - VP, IR Conference Call Participants Matthew Boss - J.P. Morgan Steve Wieczynski - Stifel Robin Farley - UBS Andrew Didora - Bank of America Patrick Scholes - Truist Securities Connor Cunningham - Melius Research Dan Politzer - Wells Fargo Steven Grambling - Morgan Stanley Meredith Jensen - HSBC Operator Good morning.

Travel company Viking Holdings Ltd (NYSE:VIK) will report earnings before the open tomorrow, Nov. 19.

LOS ANGELES--(BUSINESS WIRE)--Viking Holdings Ltd (“Viking” or the “Company”) (NYSE: VIK) has scheduled a conference call for 8:00 a.m. Eastern Time, Tuesday, November 19, 2024, to discuss the Company's third 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 (NYS.

Initiating coverage on Viking Holdings with a “Buy” rating and 24-month horizon, citing attractive valuation and growth potential. Viking's clear demographic focus on affluent, English-speaking adults over 55 and strong market share in North America support bullish outlook. Significant fleet expansion and robust order book through 2030, coupled with strong balance sheet and cash flows, ensure sustained revenue growth.

LOS ANGELES--(BUSINESS WIRE)--For the second year in a row, Viking® (www.viking.com) (NYSE: VIK) has been voted #1 for Rivers, #1 for Oceans and #1 for Expeditions by Condé Nast Traveler in the publication's 2024 Readers' Choice Awards. This achievement marks the first time a travel company has won these three categories in back-to-back years. Viking made history in 2023 by being the first travel company to be voted #1 in all three categories simultaneously. “It was quite something to be voted.

LOS ANGELES--(BUSINESS WIRE)--Viking® (www.viking.com) (NYSE: VIK) today is celebrating its historic return to China as the Viking Yi Dun completed her first voyage from Shanghai to Hong Kong (Shenzhen). Viking's new itineraries include a domestic sailing of China's coast that highlights rarely-visited destinations and ports to which only Viking has access—something that has never been offered for international visitors. The itineraries operate from September to November on the 930-guest Viking.

This cruise operator doesn't get as many headlines as the "big three," but it could be worth a closer look.

Viking Holdings (VIK) has a buy rating due to outstanding Q2 2024 performance and strong forward booking metrics indicating solid demand. VIK operates unique river, ocean, and expedition cruises with a strong brand reputation and reported better-than-expected earnings in Q2 2024. VIK's strong demand, high booking levels for FY25, and solid balance sheet support growth outlook.