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Norwegian Cruise Line Shares Plunge Amid Revenue Concerns

5/1/2025

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Summary

Story summary

Norwegian Cruise Line Holdings faced a tough first quarter, reporting $2.13 billion in revenue, slightly missing expectations. As worries about consumer spending and a looming recession grew, shares plummeted 9%. The company revised its annual net yield forecast to 2.0%-3.0% but held steady on its profit outlook of $2.05 per share for 2025.

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Story summary

Norwegian Cruise Line Holdings faced a tough first quarter, reporting $2.13 billion in revenue, slightly missing expectations. As worries about consumer spending and a looming recession grew, shares plummeted 9%. The company revised its annual net yield forecast to 2.0%-3.0% but held steady on its profit outlook of $2.05 per share for 2025.