Norwegian Cruise Line Holdings Ltd. said its normalized net income for the third quarter came to $1.12 per share, compared with the S&P Capital IQ consensus estimate of $1.82 per share.
EPS rose 15.4% year over year from 97 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $256.3 million, an increase of 16.6% from $219.9 million in the year-earlier period.
The normalized profit margin increased to 15.5% from 14.8% in the year-earlier period.
Total revenue increased 11.2% year over year to $1.65 billion from $1.48 billion, and total operating expenses increased 9.9% on an annual basis to $1.17 billion from $1.07 billion.
Reported net income increased 17.1% from the prior-year period to $399.9 million, or $1.74 per share, from $341.4 million, or $1.50 per share.
