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Norwegian Cruise Line misses quarterly revenue estimates -Breaking

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© Reuters. FILE PHOTO : The U.S. Norwegian Cruise Line Holdings Cruise ship Marina arrives in Havana, Cuba, March 9, 2017. REUTERS/Alexandre Meneghini

(Reuters) – Norwegian Cruise Line Holdings Ltd (NYSE:) on Tuesday failed to meet Wall Street’s quarterly revenue estimates. People’s plans for travel were hampered by a resurgence COVID-19 infection and Russia’s invasion Ukraine.

According to Refinitiv’s IBES data, the cruise operator saw its revenue rise to $521.9million in the first quarter, up from $3.1million a year ago. However, analysts had an average estimate of $737.5million.

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