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Norwegian Cruise Line (NCLH) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
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In its upcoming report, Norwegian Cruise Line (NCLH - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.16 per share, reflecting an increase of 17.2% compared to the same period last year. Revenues are forecasted to be $3.02 billion, representing a year-over-year increase of 7.5%.
The consensus EPS estimate for the quarter has undergone an upward revision of 4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Norwegian Cruise Line metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Revenue- Onboard and other' stands at $927.78 million. The estimate points to a change of +7.7% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Passenger ticket' will reach $2.07 billion. The estimate points to a change of +6.6% from the year-ago quarter.
The consensus among analysts is that 'Passenger Cruise Days' will reach 6764 thousands of days. The estimate is in contrast to the year-ago figure of 6522 thousands of days.
Analysts expect 'Capacity Days' to come in at 6412 thousands of days. Compared to the present estimate, the company reported 6034 thousands of days in the same quarter last year.
The average prediction of analysts places 'Net Yield' at $343.40 . Compared to the current estimate, the company reported $336.48 in the same quarter of the previous year.
Analysts predict that the 'Occupancy percentage' will reach 105.5%. Compared to the current estimate, the company reported 108.1% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Fuel price per metric ton, net of hedges' of $718.32 . The estimate compares to the year-ago value of $700.00 .
Analysts forecast 'Net Cruise Cost per Capacity Day' to reach $187.38 . Compared to the current estimate, the company reported $185.72 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Gross Cruise Cost per Capacity Day' should arrive at $311.93 . The estimate is in contrast to the year-ago figure of $314.39 .
The combined assessment of analysts suggests that 'Net Cruise Cost Excluding Fuel' will likely reach $1029.07 . The estimate is in contrast to the year-ago figure of $955.64 .
Analysts' assessment points toward 'Total Passengers carried' reaching 796,476 . The estimate compares to the year-ago value of 812,529 .
According to the collective judgment of analysts, 'Adjusted Net Cruise Cost Excluding Fuel' should come in at $1.01 billion. The estimate compares to the year-ago value of $934.28 million.
Shares of Norwegian Cruise Line have experienced a change of -7.8% in the past month compared to the +2.4% move of the Zacks S&P 500 composite. With a Zacks Rank #1 (Strong Buy), NCLH is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Norwegian Cruise Line (NCLH) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
In its upcoming report, Norwegian Cruise Line (NCLH - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.16 per share, reflecting an increase of 17.2% compared to the same period last year. Revenues are forecasted to be $3.02 billion, representing a year-over-year increase of 7.5%.
The consensus EPS estimate for the quarter has undergone an upward revision of 4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Norwegian Cruise Line metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Revenue- Onboard and other' stands at $927.78 million. The estimate points to a change of +7.7% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Passenger ticket' will reach $2.07 billion. The estimate points to a change of +6.6% from the year-ago quarter.
The consensus among analysts is that 'Passenger Cruise Days' will reach 6764 thousands of days. The estimate is in contrast to the year-ago figure of 6522 thousands of days.
Analysts expect 'Capacity Days' to come in at 6412 thousands of days. Compared to the present estimate, the company reported 6034 thousands of days in the same quarter last year.
The average prediction of analysts places 'Net Yield' at $343.40 . Compared to the current estimate, the company reported $336.48 in the same quarter of the previous year.
Analysts predict that the 'Occupancy percentage' will reach 105.5%. Compared to the current estimate, the company reported 108.1% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Fuel price per metric ton, net of hedges' of $718.32 . The estimate compares to the year-ago value of $700.00 .
Analysts forecast 'Net Cruise Cost per Capacity Day' to reach $187.38 . Compared to the current estimate, the company reported $185.72 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Gross Cruise Cost per Capacity Day' should arrive at $311.93 . The estimate is in contrast to the year-ago figure of $314.39 .
The combined assessment of analysts suggests that 'Net Cruise Cost Excluding Fuel' will likely reach $1029.07 . The estimate is in contrast to the year-ago figure of $955.64 .
Analysts' assessment points toward 'Total Passengers carried' reaching 796,476 . The estimate compares to the year-ago value of 812,529 .
According to the collective judgment of analysts, 'Adjusted Net Cruise Cost Excluding Fuel' should come in at $1.01 billion. The estimate compares to the year-ago value of $934.28 million.
View all Key Company Metrics for Norwegian Cruise Line here>>>Shares of Norwegian Cruise Line have experienced a change of -7.8% in the past month compared to the +2.4% move of the Zacks S&P 500 composite. With a Zacks Rank #1 (Strong Buy), NCLH is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .