logo
  

Norwegian Cruise Line Holdings Ltd. Q2 Loss Decreases, but misses estimates

Norwegian Cruise Line Holdings Ltd. (NCLH) announced Loss for second quarter that decreased from last year but missed the Street estimates.

The company's bottom line totaled -$509.32 million, or -$1.22 per share. This compares with -$717.78 million, or -$1.94 per share, in last year's second quarter.

Excluding items, Norwegian Cruise Line Holdings Ltd. reported adjusted earnings of -$478.26 million or -$1.14 per share for the period.

Analysts on average had expected the company to earn -$0.86 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 26964.2% to $1.18 billion from $4.36 million last year.

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

-Earnings (Q2): -$509.32 Mln. vs. -$717.78 Mln. last year.
-EPS (Q2): -$1.22 vs. -$1.94 last year.
-Analyst Estimates: -$0.86
-Revenue (Q2): $1.18 Bln vs. $4.36 Mln last year.

-Guidance:
Next quarter revenue guidance: $1.5 to $1.6 bln

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT