Norwegian Cruise Line Holdings Reports Strong Fourth Quarter and Full Year 2023 Financial Results

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2 reasons Norwegian Cruise Line (NCLH) stock is rallying according to Citi

February 28, 2024 11:00 AM EST

Norwegian Cruise Line (NYSE: NCLH) shares surged 19% Tuesday on the back of its latest quarterly results, leading some investors and analysts to question the reason for the rise.

Analysts at Citi noted that NCLH's print and guide were in line, with positioning... More

Norwegian Cruise Line Holdings (NCLH) PT Raised to $20 at Citi, 'Big Rally as Shorts Cover and Upside Perceived Beyond 1Q'

February 28, 2024 5:01 AM EST

Citi analyst James Hardiman raised the price target on Norwegian Cruise Line Holdings (NYSE: NCLH) to $20.00 (from $19.00) while maintaining a Neutral rating.

The analyst comments "NCLH shares were up ~20% (vs. +0.2% for the S&P) despite an in-line print and guide, as positioning was... More

Norwegian Cruise Line (NCLH) rises on better-than-expected Q1 EPS guidance

February 27, 2024 7:49 AM EST

Norwegian Cruise Line (NYSE: NCLH) reported a significant revenue beat for the fourth quarter, with figures reaching $1.99 billion against the analysts' consensus of $1.97 billion. Despite a loss per share of -$0.18, which was $0.06 below the analyst estimate of -$0.12, the company's stock price soared by 6% due to a robust first-quarter earnings guidance that surpassed expectations.

The company's fourth-quarter performance, which marked a 32% increase in revenue compared to the same period in 2019, was accompanied by an optimistic outlook for... More

Norwegian Cruise Line (NCLH) Misses Q4 EPS by 6c, Offers Guidance

February 27, 2024 7:33 AM EST

Norwegian Cruise Line (NYSE: NCLH) reported Q4 EPS of ($0.18), $0.06 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $1.99 billion versus the consensus estimate of $1.97 billion.

GUIDANCE:

Norwegian Cruise Line sees Q1 2024 EPS of $0.12, versus the... More