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Why Norwegian Cruise Line Holdings Stock Crashed

Norwegian Cruise Line stock is profitable today, but those profits are shrinking.Norwegian Cruise Line Holdings (NCLH 15.06%) stock tumbled 12.5% through 11:35 a.m. ET Tuesday after reporting mixed earnings this morning.Heading into the report, analysts forecast the cruise line would earn 1.16pershare(adjustedforonetimeitems)on1.16 per share (adjusted for one-time items) on 3 billion in quarterly sales. Norwegian beat the earnings forecast with a 1.20(alsononGAAP)profit,butitssaleswereonly1.20 (also non-GAAP) profit, but its sales were only 2.9 billion. Norwegian Cruise Q3 earningsM ...