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Norwegian Cruise (NCLH) Stock Drops on Q2 Revenue, Profit Forecast

NEW YORK (TheStreet) -- Shares of Norwegian Cruise Line (NCLH) were diving 8.87% to $39.15 in pre-market trading on Tuesday after the company posted lower-than-anticipated revenue for the 2016 second quarter and gave a disappointing outlook.

Before today's opening bell, the Miami-based cruise company reported revenue of $1.19 billion, below analysts' estimates of $1.22 billion.

Adjusted earnings of 85 cents per share topped analysts' expectations of 83 cents per share.

The cruise operator guided adjusted earnings per share between $1.57 and $1.62 for the third quarter, while Wall Street is...


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