Belmond Ltd. (BEL) Misses Q2 EPS by 16c

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Belmond Ltd. Reports Second Quarter 2017 Results

August 7, 2017 5:00 PM EDT

Revenue of $165.9 million, up $11.4 million or 7% over the prior-year quarter; up $13.1 million or 9% on a constant currency basis Net losses attributable to Belmond Ltd. of $4.9 million compared with net earnings attributable to Belmond Ltd. of $8.4 million for the prior-year quarter; year-over-year decrease largely attributable to acquisition-related costs associated with Cap Juluca, Anguilla, British West Indies, and an impairment charge, partially offset by improved operating results Adjusted net earnings from continuing operations of $19.7 million, up $15.7 million over the prior-year quarter Adjusted EBITDA of $46.3 million, up $8.2... More