Norwegian Cruise Line (NYSE:NCLH – Get Free Report) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.320-1.320 for the period, compared to the consensus earnings per share 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 equities analysts have weighed in on the stock. Truist Financial upped their price objective on shares of Norwegian Cruise Line from $17.00 to $20.00 and gave the company a hold rating in a research report on Friday, March 1st. Wells Fargo & Company lowered their price objective on Norwegian Cruise Line from $21.00 to $19.00 and set an equal weight rating for the company in a research note on Thursday. StockNews.com raised Norwegian Cruise Line from a sell rating to a hold rating in a research report on Thursday. Mizuho assumed coverage on shares of Norwegian Cruise Line in a research report on Tuesday, March 26th. They set a neutral rating and a $21.00 price target for the company. Finally, Barclays cut their price target on shares of Norwegian Cruise Line from $21.00 to $20.00 and set an equal weight rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, nine have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of Hold and an average price target of $20.67.
View Our Latest Report on NCLH
Norwegian Cruise Line Price Performance
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.05). The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Norwegian Cruise Line had a net margin of 3.84% and a return on equity of 136.20%. During the same period in the prior year, the company posted ($1.10) earnings per share. As a group, analysts anticipate that Norwegian Cruise Line will post 1 earnings per share for the current fiscal year.
Norwegian Cruise Line Company Profile
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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