Norwegian shares surge 13% on earnings beat, guidance raise
Norwegian Cruise Line Holdings experienced a significant stock price increase Thursday following the release of third-quarter financial results that surpassed Wall Street forecasts and prompted management to raise its full-year outlook.
The cruise operator reported third-quarter revenue of $2.95 billion, exceeding analyst expectations of $2.88 billion. Net income for the quarter totaled $491 million, or $1.07 per share. On an adjusted basis, the company posted earnings before interest, taxes, d