Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2018 Financial Results

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Norwegian Cruise Line Holdings (NCLH) PT Raised to $65 at Wedbush

February 22, 2019 9:10 AM EST

Wedbush analyst James Hardiman raised the price target on Norwegian Cruise Line Holdings (NYSE: NCLH) to $65.00 (from $55.00) while maintaining a Outperform rating.

Yield Upside and Strong Global Outlook, the analyst noted.

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Norwegian Cruise Line (NCLH) Tops Q4 EPS by 6c, Revenues Miss

February 21, 2019 7:04 AM EST

Norwegian Cruise Line (NYSE: NCLH) reported Q4 EPS of $0.85, $0.06 better than the analyst estimate of $0.79. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.39 billion.

GAAP net income was $154.6 million or EPS of $0.70 compared to $98.8 million or $0.43 in the prior year. The Company generated Adjusted Net Income of $188.8 million or Adjusted EPS of $0.85 compared to $156.8 million or $0.68 in the prior year.Revenue increased 10.5% to $1.4 billion compared to $1.2 billion in 2017. These increases were primarily attributed to the addition of Norwegian Bliss to the fleet, along with strong... More