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Spa provider Steiner's Q2 profit declines, beats Street by a penny

Spa provider Steiner Leisure Ltd. posted a second quarter profit of $8.3m, or 57 cents per share, down from $12.3m, or 83 cents per share, a year ago. EPS was a penny higher than the Wall Street consensus expectation.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

July 30, 2014

1 Min Read
Credit: Seatrade Cruise News

Total revenues increased 1%, to $209.3m from $207.7m. In the cruise division, revenues were down 3.4% quarter-over-quarter due to the loss of Celebrity Cruises ships that were in service last year in Q2.

The average number of ships served in the period was 145, down from 154 a year ago. Revenue per staff per day was $401, down from $396.

Steiner management scheduled a conference call for Thursday morning at 11 EDT to discuss the results.

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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