trending Market Intelligence /marketintelligence/en/news-insights/trending/Lit9wVO-5Pf7MKkjHY3L9A2 content esgSubNav
In This List

Norwegian Cruise Line profit misses consensus by 47.7% in Q2


Managed Services Insights: The client lifecycle management solution


Global M&A By the Numbers: Q1 2024

Case Study

An International Logistics Company Streamlines Transfer Pricing for Its Extensive Network of Subsidiaries


Next in Tech | Episode 168: AI Data Strategies

Norwegian Cruise Line profit misses consensus by 47.7% in Q2

Norwegian Cruise Line Holdings Ltd. said its normalized net income for the second quarter amounted to 38 cents per share, compared with the S&P Capital IQ consensus estimate of 73 cents per share.

EPS increased 13.4% year over year from 34 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $88.2 million, a gain of 24.1% from $71.1 million in the prior-year period.

The normalized profit margin declined to 8.1% from 9.3% in the year-earlier period.

Total revenue grew 41.7% on an annual basis to $1.09 billion from $765.9 million, and total operating expenses increased 43.9% on an annual basis to $888.2 million from $617.3 million.

Reported net income increased 39.8% from the prior-year period to $158.9 million, or 69 cents per share, from $113.7 million, or 54 cents per share.