12:32 PM EDT, 05/01/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

Norwegian Cruise Line Holdings' ( NCLH ) shares were down 13.3% in recent Wednesday trading after the company reported Q1 adjusted earnings 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.

Price: 16.39, Change: -2.53, Percent Change: -13.37