Advertisement
Norwegian Cruise Line Q4 Adj. Loss Wider Than Estimates
(RTTNews) - Norwegian Cruise Line Holdings Ltd. (NCLH) reported Tuesday that its net loss for the fourth quarter sharply narrowed to $482.48 million or $1.14 per share from $1.57 billion or $4.01 per share in the prior-year quarter.
Excluding items, adjusted loss for the quarter was $1.04 per share, compared to $1.95 per share in the prior-year quarter.
Total revenue for the quarter soared to $1.50 billion from $487.44 million in the same quarter last year due to the phased ramp up of cruise voyages.
On average, analysts polled by Thomson Reuters expected the company to report loss of $0.85 per share on revenues of $1.50 million for the quarter. Analysts' estimates typically exclude special items.
Looking ahead, the company now expects an adjusted loss of $0.45 per share for the first quarter and adjusted earnings of $0.70 per share for the full-year 2023. The Street is looking for a loss of $0.33 per share for the first quarter and earnings of $1.06 per share for the year.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Norwegian Cruise Line Q1 Adj. Loss Narrower Than Estimates; Boost FY23 Outlook
Tech Shares May Weigh On Taiwan Stock Market
Singapore GDP Climbs 3.9% On Year In Q1
Singapore Bourse May Be Stuck In Neutral
Japan Core Machinery Orders Surge In March
Losing Streak May Continue For Malaysia Stock Market
Japan Stock Market May Extend Wednesday's Losses
