Norwegian Cruise beats revenue estimates on strong travel demand

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 28 (Reuters) - Norwegian Cruise Line Holdings Ltd beat Wall Street estimates for quarterly revenue on Tuesday, boosted by strong demand for leisure travel and on-board spending by well-to-do Americans.


The U.S. cruise operator's fourth-quarter revenue rose to $1.52 billion from $487.4 million a year earlier, compared with analysts' average estimate of $1.50 billion, according to IBES data from Refinitiv.
(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Sriraj Kalluvila)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.