Norwegian Cruise Line (NCLH) Tops Q2 EPS by 19c

Norwegian Cruise Line (NYSE: NCLH) reported Q2 EPS of $1.21, $0.19 better than the analyst estimate of $1.02. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.5 billion.

Outlook:

“2018 is well on track for yet another year of record financial performance. Furthermore, robust global demand has accelerated year-over-year gains in occupancy and pricing for full year 2019, which remains well ahead of this year’s record levels across all three brands,” continued Del Rio. “We have a high level of confidence and strong conviction in our outlook for 2019 and beyond as demonstrated by our recent global redeployment initiatives, the bolstering of our measured growth profile with the confirmation of two additional Leonardo Class ships for delivery in 2026 and 2027, as well as the opportunistic execution of $200 million in share repurchases in the quarter, bringing the year-to-date total for share repurchases to over $450 million.”

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

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