Norwegian Cruise Line (NYSE:NCLH – Get Free Report) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.320-1.320 for the period, compared to the consensus estimate of 1.300. The company issued revenue guidance of -. Norwegian Cruise Line also updated its FY24 guidance to ~$1.32 EPS.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on NCLH shares. StockNews.com raised Norwegian Cruise Line from a sell rating to a hold rating in a report on Thursday. Wells Fargo & Company dropped their price objective on shares of Norwegian Cruise Line from $21.00 to $19.00 and set an equal weight rating on the stock in a research note on Thursday. Stifel Nicolaus restated a buy rating and issued a $25.00 target price on shares of Norwegian Cruise Line in a research note on Tuesday, April 9th. The Goldman Sachs Group started coverage on shares of Norwegian Cruise Line in a research note on Wednesday, March 13th. They set a neutral rating and a $19.00 price target on the stock. Finally, Barclays cut their price target on shares of Norwegian Cruise Line from $21.00 to $20.00 and set an equal weight rating for the company in a report on Thursday. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of Hold and a consensus price target of $20.67.
Get Our Latest Stock Analysis on Norwegian Cruise Line
Norwegian Cruise Line Stock Up 0.3 %
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last issued its earnings results on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.05). Norwegian Cruise Line had a return on equity of 136.20% and a net margin of 3.84%. The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the previous year, the business posted ($1.10) EPS. On average, research analysts forecast that Norwegian Cruise Line will post 1 earnings per share for the current fiscal year.
About Norwegian Cruise Line
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.
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