Norwegian Cruise Line: Q1 Earnings Snapshot

Associated Press Finance

04-30

MIAMI (AP) — MIAMI (AP) — Norwegian Cruise Line Holdings Ltd. (NCLH) on Wednesday reported a loss of $40.3 million in its first quarter.

The Miami-based company said it had a loss of 9 cents per share. Earnings, adjusted to extinguish debt and for stock option expense, were 7 cents per share.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

The cruise operator posted revenue of $2.13 billion in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $2.15 billion.

For the current quarter ending in June, Norwegian Cruise Line expects its per-share earnings to be 51 cents.

The company expects full-year earnings to be $2.05 per share.

_____

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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(NCLH) on Wednesday reported a loss of $40.3 million in its first quarter.</p>\n<p>The Miami-based company said it had a loss of 9 cents per share. Earnings, adjusted to extinguish debt and for stock option expense, were 7 cents per share.</p>\n<p>The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.</p>\n<p>The cruise operator posted revenue of $2.13 billion in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $2.15 billion.</p>\n<p>For the current quarter ending in June, Norwegian Cruise Line expects its per-share earnings to be 51 cents.</p>\n<p>The company expects full-year earnings to be $2.05 per share.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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(NCLH) on Wednesday reported a loss of $40.3 million in its first quarter.\nThe Miami-based company said it had a loss of 9 cents per share. Earnings, adjusted to extinguish debt and for stock option expense, were 7 cents per share.\nThe results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.\nThe cruise operator posted revenue of $2.13 billion in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $2.15 billion.\nFor the current quarter ending in June, Norwegian Cruise Line expects its per-share earnings to be 51 cents.\nThe company expects full-year earnings to be $2.05 per share.\n_____\nThis story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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