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Norwegian Cruise Line misses quarterly revenue estimates

2022.05.10 14:46

Norwegian Cruise Line misses quarterly revenue estimates
FILE PHOTO: U.S. Norwegian Cruise Line Holdings cruise ship Marina arrives at the Havana bay, Cuba March 9, 2017. REUTERS/Alexandre Meneghini

(Reuters) – Norwegian Cruise Line (NYSE:NCLH) Holdings Ltd on Tuesday missed Wall Street estimates for quarterly revenue, as people’s travel plans were hampered due to a resurgence in COVID-19 infections and Russia’s invasion of Ukraine.

The cruise operator’s revenue rose to $521.9 million in the first quarter from $3.1 million a year earlier, but missed analysts’ average estimate of $737.5 million, according to IBES data from Refinitiv.

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