Finance3 sources

Norwegian Cruise Line Raises Full-Year Outlook Despite Fare Declines

  • Norwegian Cruise Line Holdings raised its full-year adjusted EBITDA outlook to about $2.55 billion.
  • The company exceeded its own third-quarter targets, leading to a more than 10% jump in shares.
  • Ticket revenue fell as capacity grew, but passenger spending outpaced fuel costs.
  • The company's adjusted profit rose despite the drop in yields.
  • Shares jumped more than 10% in Thursday's regular session.
Norwegian Cruise Line Raises Full-Year Outlook Despite Fare Declines | Split Angle