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Norwegian Cruise Line 2Q adj.

Norwegian cruise line holding lost money in the second quarter of the drag on, by refinancing transaction. Adjusted net income more than Wall Street's expectations, but the company raised its full-year profit forecast on Monday after the adjustment of the low end. At the period ended June 30, 2010, Norway lost $8.8 million, or 4 cents per share. Compared with $36 million, or 20 cents per share, and profit over the same period last year. In addition to involving a new credit lines and other changes to the financing and refinancing deal, earnings of 29 cents a share. This is 2 cents to 9 cents better than analysts had expected, adjusted quarterly profit is better than the same period last year. Revenue rose 11% to $644400000 in ticket prices rise, adding another ship fleet. This is just shy of $654900000, Wall Street's forecasts. Norwegian cruise line holding co., LTD now expects full-year adjusted earnings of $1.30, to $1.40 a share. Miami company had expected its adjusted earnings of $1.20, $1.40 a share. It is expected the third quarter adjusted earnings of 80 cents, 85 cents a share. Analysts expect full-year earnings of $1.30 a share, in the third quarter earnings per share of 85 cents.


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