MIAMI (AP) — MIAMI (AP) — Norwegian Cruise Line Holdings Ltd. (NCLH) on Tuesday reported third-quarter profit of $419.3 million.
The Miami-based company said it had profit of 86 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.20 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.
The cruise operator posted revenue of $2.94 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $3.02 billion.
For the current quarter ending in December, Norwegian Cruise Line expects its per-share earnings to be 27 cents.
The company expects full-year earnings to be $2.10 per share.
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