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Norwegian Cruise Line Misses Q2 EPS by 26c

Published 08/09/2022, 07:50 PM
NCLH
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Norwegian Cruise Line (NYSE:NCLH) reported Q2 EPS of ($1.14), $0.26 worse than the analyst estimate of ($0.88). Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.26 billion.

Outlook

As a result of the COVID-19 pandemic, the effects of the Russia-Ukraine conflict and current macroeconomic conditions, while the Company cannot estimate the impact on its business, financial condition or near- or longer-term financial or operational results with certainty, it will report a net loss for the third quarter of 2022. The Company does not provide certain estimated future results on a GAAP basis because the Company is unable to predict, with reasonable certainty, the future movement of foreign exchange rates or the future impact of certain gains and charges. These items are uncertain and will depend on several factors, including industry conditions, and could be material to the Company’s results computed in accordance with GAAP.

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