Norwegian Cruise Line Q4 Adj. Loss Wider Than Estimates

RTTNews | 1294 days ago
Norwegian Cruise Line Q4 Adj. Loss Wider Than Estimates

(RTTNews) - Norwegian Cruise Line Holdings Ltd. (NCLH) reported Tuesday that its net loss for the fourth quarter sharply narrowed to $482.48 million or $1.14 per share from $1.57 billion or $4.01 per share in the prior-year quarter.

Excluding items, adjusted loss for the quarter was $1.04 per share, compared to $1.95 per share in the prior-year quarter.

Total revenue for the quarter soared to $1.50 billion from $487.44 million in the same quarter last year due to the phased ramp up of cruise voyages.

On average, analysts polled by Thomson Reuters expected the company to report loss of $0.85 per share on revenues of $1.50 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, the company now expects an adjusted loss of $0.45 per share for the first quarter and adjusted earnings of $0.70 per share for the full-year 2023. The Street is looking for a loss of $0.33 per share for the first quarter and earnings of $1.06 per share for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
U.S. Dollar Rises Amid Fed Rate Hike Signals

U.S. Dollar Rises Amid Fed Rate Hike Signals

The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as the Federal Reserve (Fed) is making aggressive rate-hike bets for Wednesday's decision, following higher U.S. inflation figures.
RTTNews | 49 minutes ago
European Markets Seen Ushering In New Week On A Weak Note

European Markets Seen Ushering In New Week On A Weak Note

A weak sentiment is expected to prevail in stock markets across Europe at the onset of the new week which would witness interest rate decisions by the Federal Reserve, Bank of England as well as Bank of Japan. Market mood is expected to be impacted by the rate hike expectations from the Federal Reserve as well as Bank of Japan.
RTTNews | 2h 19min ago
NZ Dollar Falls Amid RBNZ Dovish Signals

NZ Dollar Falls Amid RBNZ Dovish Signals

The New Zealand dollar weakened against other major currencies in the Asian session on Monday, due to a dovish hike by the Reserve Bank of New Zealand (RBNZ).
RTTNews | 2h 19min ago
NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Monday.
RTTNews | 2h 51min ago
Australian Market Trims Early Slight Losses In Mid-market

Australian Market Trims Early Slight Losses In Mid-market

The Australian stock market is trimming its early slight losses in mid-market trading on Monday, snapping a four-session losing streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 8,750.00 level, with gains in energy, financial and technology stocks.
RTTNews | 5h 30min ago
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Monday, despite the broadly positive cues from Wall Street on Friday, amid surging crude oil prices after the critical East-West pipeline was shut by Saudi Arabia following drone attacks and talks between Iran and the GCC about a possible reopening of the Strait of Hormuz were postponed. The pipeline provided an alternative route around the Strait of Hormuz.
RTTNews | 5h 41min ago