Norwegian Cruise Line Exceeds Expectations and Raises Annual Forecast – Strong Passenger Spending Offsets Fuel Costs!

The cruise line company Norwegian Cruise Line exceeds expectations for revenue and profit in the third quarter and raises its annual forecast. Strong demand and high onboard spending offset increased fuel costs more than adequately. Results Exceeding Expectations Norwegian reports a revenue of 2.9 billion USD for the third quarter, slightly above the expected 2.88 billion USD; earnings per share reached 1.07 USD, adjusted to 1.12 USD – well above its own forecast of 0.90 USD. The results were supported by a stronger-than-expected short-term...