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Norwegian Cruise Line Q1 Adj. Loss Narrower Than Estimates; Boost FY23 Outlook

RTTNews | 829 दिनों पहले

Norwegian Cruise Line Q1 Adj. Loss Narrower Than Estimates; Boost FY23 Outlook

(RTTNews) - Norwegian Cruise Line Holdings Ltd. (NCLH) reported Monday that its net loss for the first quarter sharply narrowed to $159.32 million or $0.38 per share from $982.71 million or $2.35 per share in the prior-year quarter.

Excluding items, adjusted loss for the quarter was $0.30 per share, compared to $1.82 per share in the prior-year quarter.

Total revenue for the quarter soared to $1.82 billion from $521.94 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 $0.40 per share on revenues of $1.75 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, the company expects adjusted earnings of about $0.25 per share for the second quarter, reflecting first quarter outperformance partially offset by higher anticipated fuel costs and foreign exchange for the remainder of 2023.

The company also now projects adjusted earnings of about $0.75 per share for the full-year 2023, up from the prior forecast of $0.70 per share.

The Street is looking for earnings of $0.28 per share for the second quarter and earnings of $0.75 per share for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

टैग: NCLH

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Norwegian Cruise Line Q4 Adj. Loss Wider Than Estimates

Norwegian Cruise Line Q4 Adj. Loss Wider Than Estimates

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.

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Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.

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U.S. Labor Productivity Surges 2.4% In Second Quarter

U.S. Labor Productivity Surges 2.4% In Second Quarter

Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.

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U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd.

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Pound Jumps After BoE Rate Decision

Pound Jumps After BoE Rate Decision

The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.

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CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.

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Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.

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Euro Rises Amid Trump's Tariff Implementations

Euro Rises Amid Trump's Tariff Implementations

The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.

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