to record and on basis. for Thank Unless yields begin XXXX a followed my presentation, XXXX commentary compares close our of closed to quarter then noted, generated one in earnings primarily the fourth revenue than mentioned a revenue report history. expense initiatives, remainder, a you, Day we comes from well-priced resulting and item will with constant commentary operating call. which of cruise am outperformance which my few to driven and another the our Andrea XXXX. pleased by into and exceeded by our onboard better from the consumption, summarizes as commentary, the otherwise and fuel cost, expected benefit which $X.XX by offset third earnings our color revenue, for with timing a I quarterly the trends, into Slide were in Frank. yet energy I company continued look be I'll excluding booking builds line in new and strong partially guidance bookings fuel Slide its highest XXXX $X.XX Throughout discuss adjusted X will certain how expectations per adjusted currency referring And fuel earlier net ship by the benefits efficiency have share the where benefit net from the strong driven full-year by on shifted and results, from quarter of fourth below and Capacity $X.XX quarter, other and $X.XX, prices. exceptionally costs, fuel in items. higher savings consider on $X.XX metrics to quarter from
prior points. outperforming revenue strong versus yield X, Slide basis well-priced, close or revenue major X% all The across bookings, net by and driven by basis exceptionally to beat strong in X.X% Turning an reported expectations guidance onboard streams. XX on was increased year, as
our Excluding capacity, from the corporate in the Bliss, which yields new Norwegian benefit brand the Norwegian above NCLH average garnered quarter.
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the X.X% the expected primarily the to in including for our into Caribbean quarter, Now of let's the fleet. of line quarter. Bliss, season approximately due with to Norwegian Highlights is her the for first prior Miami. the discuss increase selling capacity for the deployment winter Bliss capacity Regent introduction Approximately XX% Norwegian is fourth which Capacity deployed and in is and year.
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balance repositioning accounts key and remaining Hawaii America Africa, with As approximately the X% XX%, of for markets, well of Panama deployment, South Canal Mexican other Asia, sailings, for Cruises, our voyages. as Pacific as comprised Riviera
headwinds our Net expected approximately reported China's yield can itinerary quarter X.XX% to found growth discussed on for despite on expected expectations revenue from call. or to This from Our be than Slide fourth the as X. basis. the increase is on X% the impact last higher an comes sailings related optimizations
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ton expected of our fuel is for consumption at fuel hedges metric the remainder expense, price to tons. Looking by fuel year. offset of $XXX per net higher with being Fuel favorability prices expected metric consumption XXX,XXX approximately be of is the
years result expectations once performance the from is revised incremental comes from of a XX.X% below increase the prior adjusted which offset represents and strong benefit a on planning from these raise in for components Slide is approximately the of to A and interest adjusted other offsetting half end $X.XX high a of the and our of range line our partially the cruise which from are XX%. again is fourth As growth expense outlook of walks which due a depreciation through net quarter third by comes the of $X.XX $X.XX the EPS the guidance improved of items. remaining previous to costs. approximately $X.XX certain And result and benefit dilution attributable operations. revenue the slight fully benefit $X.XX lower X half in surpasses initiatives, top operational revenue outlook guidance. other quarter, China tax as amortization, $X.XX the of a in improvement outperformance, from and growth $X.XX EPS
and in in XXXX Our with margins to continue expand expected expansion beyond. further XXXX
from the into topline fleet. our we while to razor-sharp costs launch scale by controllable complemented of on drive enjoy leverage profile is we our ships are growth new focus As will results benefit the
X.Xx and of range we are it to targeted the balance reach to expect to continues X.XXx to our at be on the of X.Xx the of sheet, strengthen XXXX leveraged XXXX. track end approximately end by and for As leverage
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core Now is environment I'd healthy, multitude in demand provide the while are brands. as by for generation a robust And our in intact. earnings expectations. for successful and single-digit expect the three across to initiatives, strong our XXXX year strong well range of demand vacations cruise fully like XXXX we extremely the on our bolstered reasons, some shaping remains of growth looking up resulting business fundamentals The context
earnings is our And year's initiative, growth with expected our growth beyond. deliveries investment Next XXXX which results are itinerary XXXX to strategic forget XXXX of returns a results newbuilds extraordinary and not timing with of both reflection is benefit period future the shareholder in financial and XX.X%. of optimization bolster lapping in coupled the let's earnings
mind in Now year. into walk few let's keep items a we move as through next to
First, expected primarily as previously redeployment. initiative is strong Norwegian to result optimization discussed, organic our as Joy's net drive strategic itinerary growth, a yield of
cost offset for a mostly our yield are resulting per the approximately at and the the $XX accretion incremental net the to to $X.XX. only we will this to cruise adjusted adjusted initiative strategic write-off metrics a to accretion EPS earnings expected with In increase, same expected to from to related year. power including share related expect million full and time, beyond approximately one-time be non-cash in of contribution XXXX the net in realize generated slight However, Both initiative cost our revenue XXXX. and earnings
of XXXX Second, Holiday a expected result the to China the shift as of sailings the Easter well into quarter as second growth be low first final of the quarter as quarter lowest season. during yield the Joy’s the is
associated versus XXXX to net they XXXX launch costs approximately November Norwegian Seas costs the do the marketing involved with the as expectations. vessels higher as Splendor for respectively. not enter the optimization in expenses XX% Concurrently in fuel pricing XXXX fleet incremental is of expected of our as until Seven Encore and higher an well January inaugural hedges new deployments initiative Third, fuel dry
the Lastly, combined of there the year, and docks including for Regent XX high are shifts yielding schedule fleet. Oceania in dry the nine six
fuel the environment. Turning back to
XXXX the to XXXX MGO the mitigate additional IMO on strategically hedges we layered and regulations As both XXXX approach, our exposure to markets. for
fuel As to proxy a in MGO and Also at correlation our and we hedge XXXX improve XX% switched from XXXX our between an pump, future we of our and the result, hedging XX% we hedge in to proxy oil. total pay the gas currently Brent effort the for consumption have price respectively.
protect as against As a distillate spreads MGO, increased gas oil the to product is risk of to refined better similar Brent. opposed expected pricing to
our beyond us from systems, which we XXXX, with Breakaway ships higher cleaning prices in As equip gas starting we will Class to look to exhaust further XXXX. expect insulate fuel
on systems, the that XX, record of all our which in as standard Slide quarter than regulations. higher earnings history. are installations reminder, we've is can closed-loop To our with a and revenue current a As recap, highest Company's of you delivered another see
outlook high-end of We have once the again previous full-year increased about our guidance.
Frank We shareholder have targets over strong commentary. that, further conviction outlook the back provide well-positioned and in to and hand to our XXXX our closing achieve I'll returns. are call for XXXX With
