Norwegian Cruise Line falls as revenue misses estimates despite record quarter By Investing.com
Update: 2025-11-04
Description
Norwegian Cruise Line Holdings reported a record-breaking third quarter, with adjusted earnings per share hitting one dollar and twenty cents, beating estimates and past results. However, revenue fell short of expectations, leading to a drop in stock prices. The company attributed the shortfall to fewer passengers in their air travel program and changes in travel routes. Despite this, Norwegian remains optimistic, with strong demand indicated by a 106.4% occupancy rate and raised full-year guidance for adjusted earnings per share. The company expects fourth quarter earnings per share to be around twenty-seven cents and a rise in net yield.
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