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Norwegian Cruise Line Holdings Ltd. Q1 Loss Increases, misses estimates

Norwegian Cruise Line Holdings Ltd. (NCLH) reported Loss for first quarter that decreased from the same period last year but missed the Street estimates.

The company's bottom line totaled -$0.98 billion, or -$2.35 per share. This compares with -$1.37 billion, or -$4.16 per share, in last year's first quarter.

Excluding items, Norwegian Cruise Line Holdings Ltd. reported adjusted earnings of -$760.48 million or -$1.82 per share for the period.

Analysts on average had expected the company to earn -$1.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16736.8% to $521.94 million from $3.10 million last year.

Norwegian Cruise Line Holdings Ltd. earnings at a glance (GAAP) :

-Earnings (Q1): -$0.98 Bln. vs. -$1.37 Bln. last year.
-EPS (Q1): -$2.35 vs. -$4.16 last year.
-Analyst Estimates: -$1.53
-Revenue (Q1): $521.94 Mln vs. $3.10 Mln last year.

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