Norwegian Cruise Line Misses Earnings Estimates. That’s Not Why the Stock Is Tumbling.

0
222
norwegian-cruise-line-misses-earnings-estimates-that’s-not-why-the-stock-is-tumbling.

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

https://www.barrons.com/articles/norwegian-cruise-line-earnings-stock-price-d57b8fd6


  • Order Reprints
  • Print Article

Norwegian Cruise Line Holdings stock tumbled Tuesday as the company posted a wider-than-expected loss and provided disappointing guidance for 2023.

Cruise operator Norwegian (ticker: NCLH) posted an adjusted loss of $1.04 a share in the fourth quarter, missing analysts’ estimates for a loss of 86 cents, according to FactSet. However, revenue rose more than 225% to $1.57 billion, beating expectations of $1.5 billion, driven by strong ticket pricing and onboard sales.


LEAVE A REPLY

Please enter your comment!
Please enter your name here