Norwegian Cruise Line: 2Q Earnings Snapshot
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.