Norwegian Cruise Line (NCLH) Tops Q3 EPS by 1c; Raises Midpoint of FY EPS Outlook

Norwegian Cruise Line (NASDAQ: NCLH) reported Q3 EPS of $1.35, $0.01 better than the analyst estimate of $1.34. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.29 billion.

Norwegian Cruise Line narrowed FY2015 EPS to $2.85-$2.90 (raising the mid-point), versus the consensus of $2.90.

"The continued momentum from our revenue enhancement strategies resulted in net yield growth of approximately five percent driving strong earnings performance in the quarter," said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings. "What is most impressive is that this yield performance was driven purely by organic growth, demonstrating that robust topline growth need not be predicated solely on the addition of new ships to our fleet."

For earnings history and earnings-related data on Norwegian Cruise Line (NCLH) click here.

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