Norwegian Cruise Line: 3Q Earnings Snapshot

November 8, 2018

MIAMI (AP) _ Norwegian Cruise Line Holdings Ltd. (NCLH) on Thursday reported third-quarter profit of $470.4 million.

On a per-share basis, the Miami-based company said it had net income of $2.11. Earnings, adjusted for non-recurring costs and amortization costs, were $2.27 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.21 per share.

The cruise operator posted revenue of $1.86 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.84 billion.

Norwegian Cruise Line expects full-year earnings to be $4.85 per share.

Norwegian Cruise Line shares have declined nearly 10 percent since the beginning of the year. The stock has decreased 13 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

Update hourly