Earnings

Norwegian Cruise Line cancels Asia voyages due to coronavirus

0


Tourists take photos at the Overseas Passenger Terminal as the Norwegian Jewel cruise ship is in lock down while health authorities test a man for Coronavirus on February 14, 2020 in Sydney, Australia.

Lisa Maree Williams | Getty Images

Norwegian Cruise Line has canceled its voyages in Asia through the third quarter of 2020 and expects to take an earnings hit of 75 cents per share for the full year because of the coronavirus, the company said Thursday.

The news sent shares down more than 4 percent to $49.68 in midday trading.

The company expects the virus to negatively impact its profit by 25 cents per share in first quarter of 2020, Norwegian CFO Mark Kempa said on the company’s earnings…



Source cnbc.com

People discounting Sanders' ability to win nomination: Policy analyst

Previous article

First Solar, Dropbox, Fitbit and more

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Earnings