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Norwegian Cruise Lifts Outlook as Fares Slide: Rapid Earnings Reaction
Source: fool.com
Corporate EarningsCompany FundamentalsTravel & Leisure
Average trips shortened to about 7.3 passenger cruise days per guest from 8.5 a year earlier, with growth attributed to more guests rather than longer stays. Excluding a $154.5 million debt charge in the prior year, net interest expense was about flat, so the profit rise did not reflect a lower debt burden.
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