Norwegian Cruise Line (NCLH) Misses Q3 EPS by 8c

Norwegian Cruise Line (NYSE: NCLH) reported Q3 EPS of ($2.17), $0.08 worse than the analyst estimate of ($2.09). Revenue for the quarter came in at $153.1 million versus the consensus estimate of $198.42 million.

Outlook:

As a result of the COVID-19 pandemic, while the Company cannot estimate the impact on its business, financial condition or near- or longer-term financial or operational results with certainty, it will report a net loss for the fourth quarter and full year ending December 31, 2021 and expects to report a net loss until the Company is able to resume regular voyages. As previously stated, based on its current trajectory and market and public health conditions, the Company expects to be profitable for the second half of 2022.

For earnings history and earnings-related data on Norwegian Cruise Line (NCLH) click here.

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