NCLH

Norwegian Cruise Line (NCLH) Meets Q3 Earnings, Lags Revenues

Based in Miami, Norwegian Cruise Line HoldingsNCLH offers cruises in various locations including those in the Caribbean, Mexico, Alaska, Europe, Hawaii, New England, Central America, North Africa and Scandinavia. The cruise line operator was founded in 1966

Norwegian Cruise Line's track record with respect to earnings is not great. The company has missed the Zacks Consensus Estimate in three of the last four quarters and has delivered in-line earnings in the other quarter. The trailing four-quarter average miss is 7.78%.

Zacks Rank: Currently, Norwegian Cruise Line has a Zacks Rank #1 (Strong Buy) but that could change following the company's earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: Norwegian Cruise Line's earnings (including stock based compensation expenses) of $1.35 per share were at par with the Zacks consensus estimate.

Revenue: Revenues came in at $1,284.9 million which was short of the Zacks Consensus Estimate of $1,294 million.

Key Stats: For 2015, the company now expects earnings per share (on an adjusted basis) in the range of $2.85 to $2.90. Fuel price per metric ton, net of hedges, is projected at $535 and $545 for the fourth quarter and full year, respectively.

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NORWEGIAN CRUIS (NCLH): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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