Norwegian Cruise Line Earnings: Here’s Why Investors are Excited Now
Norwegian Cruise Line (NASDAQ:NCLH) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 4%
Norwegian Cruise Line Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased to $0.04 in the quarter.
Revenue: $503.2 million.
Actual vs. Wall St. Expectations: reported adjusted EPS income of $0.04 per share. By that measure, the company beat the mean analyst estimate of $0.01. It missed the average revenue estimate of $512.7 million.
Quoting Management:“We are very pleased to begin our journey as a public company by posting strong results for 2012,” said Kevin Sheehan, President and Chief Executive Officer of Norwegian Cruise Line. “In addition, our fourth quarter results marked our eighteenth consecutive quarter of year-over-year Adjusted EBITDA growth,” continued Sheehan.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)