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Norwegian Cruise Line (NCLH) Gains But Lags Market: What You Should Know

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Norwegian Cruise Line (NCLH - Free Report) closed the most recent trading day at $11.47, moving +0.35% from the previous trading session. This change lagged the S&P 500's 2.45% gain on the day. Elsewhere, the Dow gained 2.15%, while the tech-heavy Nasdaq added 0.17%.

Heading into today, shares of the cruise operator had lost 24.31% over the past month, lagging the Consumer Discretionary sector's loss of 7.23% and the S&P 500's loss of 5.71% in that time.

Investors will be hoping for strength from Norwegian Cruise Line as it approaches its next earnings release. On that day, Norwegian Cruise Line is projected to report earnings of -$0.82 per share, which would represent year-over-year growth of 57.51%. Meanwhile, our latest consensus estimate is calling for revenue of $1.18 billion, up 26868.08% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of -$2.15 per share and revenue of $5.03 billion, which would represent changes of +73.36% and +675.7%, respectively, from the prior year.

Any recent changes to analyst estimates for Norwegian Cruise Line should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Norwegian Cruise Line currently has a Zacks Rank of #3 (Hold).

The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 103, which puts it in the top 41% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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