Core Viewpoint - Viking Holdings (VIK) is set to release its fourth-quarter 2024 results on March 11, with earnings per share (EPS) estimates stable at 36 cents, reflecting a significant decline of 59% from the previous quarter's actuals, while revenue estimates are at $1.4 billion, indicating a 19.6% decrease from the third quarter [1][2]. Group 1: Earnings Performance - VIK has consistently surpassed the Zacks Consensus Estimate in each of the three quarters since going public, with an average earnings beat of 37% [3]. - The company's upcoming results are expected to be supported by its fleet expansion efforts, including the addition of a new ocean ship, Viking Vela, which will operate in the Mediterranean and Northern Europe [4]. Group 2: Challenges and Headwinds - Despite positive performance expectations, VIK faces challenges such as increased expenses related to commissions, transportation, and onboard services, along with inflation and global supply-chain disruptions that may pressure margins [5]. - Geopolitical risks are also noted as operational challenges that could negatively impact performance [5]. Group 3: Earnings Prediction Model - The current model does not predict a definitive earnings beat for VIK, as it has an Earnings ESP of -4.49%, with the most accurate estimate being 2 cents below the consensus estimate of 36 cents [6][7]. - VIK holds a Zacks Rank of 2 (Buy), indicating a favorable outlook despite the earnings prediction challenges [7].
What's in the Offing for Viking Holdings in Q4 Earnings?