Based in Miami, Norwegian Cruise Line Holdings (NCLH - Free Report) 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’strack record with respect to earnings is not great. The company has missed the Zacks Consensus Estimate in each of the last four quarters. The trailing four-quarter average miss is 9.72%.
Zacks Rank: Currently, Norwegian Cruise Line has a Zacks Rank # 4 (Sell) but that could change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Norwegian Cruise Line’s third quarter 2016 adjusted earnings of $1.62 per share beat the Zacks Consensus Estimate of $1.59 per share. Earnings improved 25.58% on a year over year basis.
Revenue: Revenues came in at $1,484.7 million beat the of the Zacks Consensus Estimate of $1480.3 million. Revenues climbed 15.6% from the year-ago figure.
Key Stats: The company expects earnings (excluding special items) in the band of 53 cents to 57 cents per share in the fourth quarter of 2016. The Zacks Consensus Estimate of 56 cents per share is within the company’s guidance range. The company expects earnings (excluding special items) in the band of $3.38 to $3.42 per share for full year 2016. The Zacks Consensus Estimate of 3.23 per share is below the company’s guidance range.
Fuel price per metric ton, net of hedges, is projected at $453 and $480 for the fourth quarter and full year, respectively.
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Based in Miami, Norwegian Cruise Line Holdings (NCLH - Free Report) 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’strack record with respect to earnings is not great. The company has missed the Zacks Consensus Estimate in each of the last four quarters. The trailing four-quarter average miss is 9.72%.
Zacks Rank: Currently, Norwegian Cruise Line has a Zacks Rank # 4 (Sell) but that could change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Norwegian Cruise Line’s third quarter 2016 adjusted earnings of $1.62 per share beat the Zacks Consensus Estimate of $1.59 per share. Earnings improved 25.58% on a year over year basis.
Revenue: Revenues came in at $1,484.7 million beat the of the Zacks Consensus Estimate of $1480.3 million. Revenues climbed 15.6% from the year-ago figure.
Key Stats: The company expects earnings (excluding special items) in the band of 53 cents to 57 cents per share in the fourth quarter of 2016. The Zacks Consensus Estimate of 56 cents per share is within the company’s guidance range. The company expects earnings (excluding special items) in the band of $3.38 to $3.42 per share for full year 2016. The Zacks Consensus Estimate of 3.23 per share is below the company’s guidance range.
Fuel price per metric ton, net of hedges, is projected at $453 and $480 for the fourth quarter and full year, respectively.
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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