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Norwegian Cruise Line Swings to Q1 Adjusted Earnings, Revenue Rises; Q2 Outlook Issued, 2024 Adjusted EPS Guidance Lifted
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Norwegian Cruise Line Swings to Q1 Adjusted Earnings, Revenue Rises; Q2 Outlook Issued, 2024 Adjusted EPS Guidance Lifted
May 1, 2024 6:19 AM

08:57 AM EDT, 05/01/2024 (MT Newswires) -- Norwegian Cruise Line Holdings ( NCLH ) reported Q1 adjusted earnings Wednesday of $0.16 per diluted share, swinging from a loss of $0.30 a year earlier.

Analysts polled by Capital IQ expected $0.12.

Revenue for the quarter ended March 31 was $2.19 billion, up from $1.82 million a year earlier.

Analysts surveyed by Capital IQ expected $2.24 billion.

For Q2, the company said it expects adjusted earnings of $0.32 per share. Analysts polled by Capital IQ expect $0.32.

The company said it now expects full-year 2024 adjusted earnings of $1.32 per share, up from its prior guidance of $1.23. Analysts surveyed by Capital IQ expect $1.30.

Shares of the company were down 2.9% in recent Wednesday premarket activity.

Price: 18.40, Change: -0.52, Percent Change: -2.75

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