Norwegian Cruise Line Holdings Ltd. (NCLH) has announced its second-quarter earnings, showcasing a significant increase compared to the same period last year and surpassing Wall Street's expectations.
The company posted earnings of $163.4 million, equal to $0.35 per share, up from $86.1 million, or $0.20 per share, in the second quarter of the previous year.
When excluding certain items, the adjusted earnings for Norwegian Cruise Line Holdings Ltd. amounted to $203.7 million, or $0.40 per share.
Analysts, as surveyed by Thomson Reuters, had predicted an average earnings estimate of $0.35 per share, typically excluding special items.
Quarterly revenue also experienced growth, climbing 7.6% to $2.372 billion from $2.205 billion in the previous year.
Key financial highlights for Norwegian Cruise Line Holdings Ltd. in the second quarter (GAAP):
- Earnings (Q2): $163.4 million compared to $86.1 million last year
- Earnings per Share (EPS, Q2): $0.35 compared to $0.20 last year
- Revenue (Q2): $2.372 billion compared to $2.205 billion last year
