Norwegian Cruise Line: 2Q Earnings Snapshot
Aug. 09, 2018
MIAMI (AP) _ Norwegian Cruise Line Holdings Ltd. (NCLH) on Thursday reported second-quarter earnings of $226.7 million.
The Miami-based company said it had profit of $1.01 per share. Earnings, adjusted for non-recurring costs and amortization costs, were $1.21 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.
The cruise operator posted revenue of $1.52 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.51 billion.
Norwegian Cruise Line expects full-year earnings in the range of $4.70 to $4.80 per share.
Norwegian Cruise Line shares have decreased 8 percent since the beginning of the year. The stock has dropped 18 percent in the last 12 months.