Norwegian Cruise Line (NYSE:NCLH – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided earnings per share guidance of $1.65 for the period, compared to the consensus earnings per share estimate of $1.58. Norwegian Cruise Line also updated its FY 2024 guidance to 1.650-1.650 EPS.
Norwegian Cruise Line Stock Performance
Shares of NCLH opened at $24.88 on Friday. Norwegian Cruise Line has a 12 month low of $12.70 and a 12 month high of $26.73. The business’s fifty day simple moving average is $20.86 and its two-hundred day simple moving average is $18.61. The company has a current ratio of 0.20, a quick ratio of 0.22 and a debt-to-equity ratio of 10.35. The company has a market cap of $10.94 billion, a price-to-earnings ratio of 22.83, a P/E/G ratio of 0.33 and a beta of 2.67.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.05. The business had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.38 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The company’s revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.20 EPS. Research analysts anticipate that Norwegian Cruise Line will post 1.38 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on NCLH
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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