Norwegian Cruise Line Holdings Ltd.’s stock took a dive Wednesday after the cruise operator warned it expects to fall short of Wall Street analyst estimates for its second quarter as it faces an uncertain economic outlook.

Norwegian Cruise Line Holdings stock tumbled Wednesday after the cruise operator missed earnings expectations in the first quarter and signaled softening demand. The cruise industry has been steadfast in its view that demand and bookings are remaining strong despite concerns that consumers are pulling back on travel spending.

Norwegian Cruise Line Holdings missed first-quarter revenue and profit estimates on Wednesday, as rising concerns about tariff uncertainty have pressured demand for the cruise operator's premium sea voyages.