Norwegian Cruise Line Holdings Ltd

NYSE:NCLH   3:59:55 PM EDT
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Other Pre-Announcement

Norwegian Cruise Line Holdings Posts Qtrly Adjusted Loss Per Share $2.35

Published: 11/09/2020 22:42 GMT
Norwegian Cruise Line Holdings Ltd (NCLH) - Norwegian Cruise Line Holdings Reports Third Quarter 2020 Financial Results and Provides Business Update.
Q3 GAAP Loss per Share $2.50.
Q3 Earnings per Share Estimate $-2.25 -- Refinitiv Ibes Data (analyst estimates).
Q3 Revenue $6.5 Million.
Q3 Revenue Estimate $10.6 Million -- Refinitiv Ibes Data (analyst estimates).
Anticipated Total Capital Expenditures for Q4 2020 Are Approximately $150 Million.
Norwegian Cruise Line - As of September 30, 2020, Company's Total Debt Position Was $10.9 Billion and Company's Cash and Cash Equivalents Was $2.4 Billion.
Monthly Average Cash Burn Rate for Q3 2020 Was Approximately $150 Million.
Q4 2020 Average Cash Burn Rate Would Be Higher at Approximately $175 Million per Month.
For Second Half of 2020, This Would Result in an Average Monthly Cash Burn Rate of Approximately $160 Million.
Norwegian Cruise Line - Overall Cumulative Booked Position for H1 2021 Remains Below Historical Ranges As Expected Due to Current Uncertain Environment.
Norwegian Cruise Line - for H2 of 2021 Overall Cumulative Booked Position is in Line With Historical Ranges.
Norwegian Cruise - Due to Fluidity of Voyage Resumption Schedule, Sees Actual Cash Burn Rate for Q4 2020 Will Be Higher Than Number Referenced.
Norwegian Cruise Line - Extended Modified Final Payment Schedule for All Voyages Through April 30, 2021.
Qtrly Adjusted Loss per Share $2.35.