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Norwegian Cruise Line (NCLH) Beats on Earnings and Sales in Q3

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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.

NORWEGIAN CRUIS Price and EPS Surprise



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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