The Norwegian Pearl uses the turning basin as it docks at PortMiami on January 05, 2022 in Miami, Florida.
Joe Raedle | Getty Images
Shares of Norwegian Cruise Line fell more than 10% on Tuesday after the company reported second-quarter results that lagged pre-pandemic levels and warned of persistent volatility ahead.
The company reported revenue of $1.19 billion and an adjusted loss per share of $1.14 for the period, improvement from the second quarter of 2021 before voyages had resumed, but still far short of the $1.66 billion in revenue and earnings per share of $1.30 from the same quarter in 2019.
It expects third-quarter revenue between $1.5 billion and $1.6 billion, down from $1.9 billion in Q3 2019, and still anticipates a net loss due to costs associated with the Covid-19 pandemic, Ukraine-Russia conflict, inflation, fuel prices and foreign exchange.
Norwegian, however, announced…
