These 10 Firms Were Battered by Dismal Earnings, Outlook Guidance

5. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Norwegian Cruise Line fell by 7.77 percent on Wednesday to end at $16.03 apiece as investor sentiment was dampened by its dismal earnings performance in the first quarter of the year.

In a statement, the company said it swung to a net loss of $40.2 million from a net income of $17.3 million in the same period a year earlier on the back of lower capacity days and foreign exchange losses.

Revenues dropped by 2.9 percent to $2.127 billion from $2.191 billion year-on-year, primarily due to a decline in capacity days related to its larger ships’ increased berths in dry dock, weighed down further by a reduction in passenger air participation rates.

Looking ahead, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) updated its full-year guidance for 2025 to reflect recent booking trends and changes in the macroeconomic environment.

According to the company, it now expects net yield guidance to increase between 2 and 3 percent as compared with the previous guidance of 3 percent.

Adjusted net income is expected to be approximately $1.045 billion.