Norwegian Cruise Line (NASDAQ:NCLH) is scheduled to be releasing its earnings data before the market opens on Thursday, November 8th. Analysts expect Norwegian Cruise Line to post earnings of $2.21 per share for the quarter. Norwegian Cruise Line has set its Q3 guidance at ~$2.20 EPS and its FY18 guidance at ~$4.85 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Norwegian Cruise Line (NASDAQ:NCLH) last announced its quarterly earnings data on Thursday, August 9th. The company reported $1.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.18. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the prior year, the company earned $1.02 earnings per share. The company’s quarterly revenue was up 13.2% on a year-over-year basis.
Shares of NASDAQ NCLH opened at $46.57 on Wednesday. Norwegian Cruise Line has a fifty-two week low of $41.61 and a fifty-two week high of $61.18.
Several brokerages recently weighed in on NCLH. BidaskClub upgraded shares of Norwegian Cruise Line from a “buy” rating to a “strong-buy” rating in a report on Friday, September 21st. Macquarie upgraded shares of Norwegian Cruise Line from an “underperform” rating to a “neutral” rating and set a $55.00 price objective on the stock in a report on Friday, September 28th. JPMorgan Chase & Co. restated a “buy” rating on shares of Norwegian Cruise Line in a report on Thursday, October 11th. Stifel Nicolaus increased their price objective on shares of Norwegian Cruise Line from $70.00 to $71.00 and gave the company a “buy” rating in a report on Friday, August 10th. Finally, Nomura cut their price objective on shares of Norwegian Cruise Line from $72.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, August 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company’s stock. Norwegian Cruise Line has an average rating of “Buy” and a consensus price target of $64.60.
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About Norwegian Cruise Line
Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.
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