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Norwegian Cruise Line: 2Q Earnings Snapshot

August 8, 2019

MIAMI (AP) _ Norwegian Cruise Line Holdings Ltd. (NCLH) on Thursday reported second-quarter profit of $240.2 million.

On a per-share basis, the Miami-based company said it had net income of $1.11. Earnings, adjusted for non-recurring costs, came to $1.30 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.

The cruise operator posted revenue of $1.66 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $1.62 billion.

For the current quarter ending in October, Norwegian Cruise Line expects its per-share earnings to be $2.15.

The company expects full-year earnings in the range of $5 to $5.10 per share.

Norwegian Cruise Line shares have increased 12% since the beginning of the year. The stock has declined 4% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NCLH at https://www.zacks.com/ap/NCLH

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