Cruise Operator Viking Swings To Profit, Tops Estimates

Core Insights - Viking Holdings reported third-quarter revenue of $1.68 billion and net income of$374.8 million, surpassing analysts' expectations [1][2] - The company achieved a profit turnaround from a loss of $1.24 billion in the same quarter last year [1][2] - JPMorgan analysts raised their price target for Viking Holdings to$50, citing strong booking data for 2025 [3] Financial Performance - Revenue for the third quarter was $1.68 billion, exceeding the consensus estimate [2] - Net income was$374.8 million, or $0.86 per share, compared to a loss of$1.24 billion, or $3.02 per share, from the previous year [2] - The occupancy rate for the third quarter was reported at 94.0$44.93, Viking's stock has increased by 72% since its IPO on May 1 [3]