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Curious about Norwegian Cruise Line (NCLH) Q3 Performance? Explore Wall Street Estimates for Key Metrics
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The upcoming report from Norwegian Cruise Line (NCLH - Free Report) is expected to reveal quarterly earnings of $0.91 per share, indicating a decline of 24.2% compared to the year-ago period. Analysts forecast revenues of $2.87 billion, representing a decline of 2.2% year over year.
Over the last 30 days, there has been a downward revision of 7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of 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.
With that in mind, let's delve into the average projections of some Norwegian Cruise Line metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Revenue- Onboard and other' to come in at $884.41 million. The estimate points to a change of -0.4% from the year-ago quarter.
Analysts predict that the 'Revenue- Passenger ticket' will reach $1.98 billion. The estimate indicates a year-over-year change of -3.6%.
Based on the collective assessment of analysts, 'Passenger Cruise Days' should arrive at 7062 thousands of days. Compared to the current estimate, the company reported 6828 thousands of days in the same quarter of the previous year.
It is projected by analysts that the 'Capacity Days' will reach 6796 thousands of days. The estimate is in contrast to the year-ago figure of 6418 thousands of days.
Analysts forecast 'Net Yield' to reach $313.17 . The estimate is in contrast to the year-ago figure of $341.89 .
The consensus among analysts is that 'Occupancy percentage' will reach 103.9%. Compared to the present estimate, the company reported 106.4% in the same quarter last year.
According to the collective judgment of analysts, 'Fuel price per metric ton, net of hedges' should come in at $791.47 . The estimate is in contrast to the year-ago figure of $744.00 .
Analysts' assessment points toward 'Net Cruise Cost per Capacity Day' reaching $185.86 . The estimate compares to the year-ago value of $186.03 .
The average prediction of analysts places 'Gross Cruise Cost per Capacity Day' at $295.04 . The estimate is in contrast to the year-ago figure of $301.95 .
The combined assessment of analysts suggests that 'Net Cruise Cost Excluding Fuel' will likely reach $1062.98 . The estimate compares to the year-ago value of $1017.97 .
The consensus estimate for 'Total Passengers carried' stands at 915,799 . Compared to the current estimate, the company reported 803,268 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Adjusted Net Cruise Cost Excluding Fuel' of $1.04 billion. Compared to the present estimate, the company reported $998.99 million in the same quarter last year.
Shares of Norwegian Cruise Line have experienced a change of +3.4% in the past month compared to the -1.2% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), NCLH is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Curious about Norwegian Cruise Line (NCLH) Q3 Performance? Explore Wall Street Estimates for Key Metrics
The upcoming report from Norwegian Cruise Line (NCLH - Free Report) is expected to reveal quarterly earnings of $0.91 per share, indicating a decline of 24.2% compared to the year-ago period. Analysts forecast revenues of $2.87 billion, representing a decline of 2.2% year over year.
Over the last 30 days, there has been a downward revision of 7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of 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.
With that in mind, let's delve into the average projections of some Norwegian Cruise Line metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Revenue- Onboard and other' to come in at $884.41 million. The estimate points to a change of -0.4% from the year-ago quarter.
Analysts predict that the 'Revenue- Passenger ticket' will reach $1.98 billion. The estimate indicates a year-over-year change of -3.6%.
Based on the collective assessment of analysts, 'Passenger Cruise Days' should arrive at 7062 thousands of days. Compared to the current estimate, the company reported 6828 thousands of days in the same quarter of the previous year.
It is projected by analysts that the 'Capacity Days' will reach 6796 thousands of days. The estimate is in contrast to the year-ago figure of 6418 thousands of days.
Analysts forecast 'Net Yield' to reach $313.17 . The estimate is in contrast to the year-ago figure of $341.89 .
The consensus among analysts is that 'Occupancy percentage' will reach 103.9%. Compared to the present estimate, the company reported 106.4% in the same quarter last year.
According to the collective judgment of analysts, 'Fuel price per metric ton, net of hedges' should come in at $791.47 . The estimate is in contrast to the year-ago figure of $744.00 .
Analysts' assessment points toward 'Net Cruise Cost per Capacity Day' reaching $185.86 . The estimate compares to the year-ago value of $186.03 .
The average prediction of analysts places 'Gross Cruise Cost per Capacity Day' at $295.04 . The estimate is in contrast to the year-ago figure of $301.95 .
The combined assessment of analysts suggests that 'Net Cruise Cost Excluding Fuel' will likely reach $1062.98 . The estimate compares to the year-ago value of $1017.97 .
The consensus estimate for 'Total Passengers carried' stands at 915,799 . Compared to the current estimate, the company reported 803,268 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Adjusted Net Cruise Cost Excluding Fuel' of $1.04 billion. Compared to the present estimate, the company reported $998.99 million in the same quarter last year.
View all Key Company Metrics for Norwegian Cruise Line here>>>Shares of Norwegian Cruise Line have experienced a change of +3.4% in the past month compared to the -1.2% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), NCLH is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .