trending Market Intelligence /marketintelligence/en/news-insights/trending/6ePUGJIg2y5svi8u2BLE5w2 content esgSubNav
In This List

Norwegian Cruise Line profit misses consensus by 51.3% in Q1

Blog

Banking Essentials Newsletter: June 12th Edition

Blog

S&P 500 Q4 2023 Sector Earnings & Revenue Data

Podcast

Next in Tech | Episode 171: Concerns About Fraud Drive AI Investment

Podcast

Street Talk | Episode 127: The 'knife fight' for deposits could spur more bank deals


Norwegian Cruise Line profit misses consensus by 51.3% in Q1

Norwegian Cruise Line Holdings Ltd. said its first-quarter normalized net income amounted to 18 cents per share, compared with the S&P Capital IQ consensus estimate of 37 cents per share.

EPS declined 14.9% year over year from 21 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $41.6 million, a decrease of 14.7% from $48.8 million in the prior-year period.

The normalized profit margin dropped to 3.6% from 4.5% in the year-earlier period.

Total revenue increased 6.8% on an annual basis to $1.15 billion from $1.08 billion, and total operating expenses rose 9.1% year over year to $1.03 billion from $942.6 million.

Reported net income declined 15.5% from the prior-year period to $61.7 million, or 27 cents per share, from $73.0 million, or 32 cents per share.