Norwegian Cruise Line: Q4 Earnings Snapshot
By AP News
Published - Feb 28, 2023, 07:52 AM ET
Last Updated - Jun 22, 2023, 07:05 PM EDT
MIAMI (AP) — MIAMI (AP) — Norwegian Cruise Line Holdings Ltd. (NCLH) on Tuesday reported a loss of $482.5 million in its fourth quarter.
The Miami-based company said it had a loss of $1.14 per share. Losses, adjusted for stock option expense and restructuring costs, came to $1.04 per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 89 cents per share.
The cruise operator posted revenue of $1.52 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $1.5 billion.
