The Trump administration’s Cuba travel ban has hit Norwegian Cruise Line Holdings’ full-year forecast for earnings per share (EPS) by about 10%.
Norwegian said it expected full-year EPS to come in about $0.50 down at $5 to $5.10, with some $0.45 owing to the “adverse impact” from the “abrupt” change in federal regulations around Cuba cruises in June.
The line also expects a further $0.07 hit arising from a technical issue suffered by Norwegian Pearl in July when the ship suffered a technical fault during a Mediterranean cruise.
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