Norwegian Cruise Line: 2Q Earnings Snapshot

August 9, 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.


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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