Form 8-K Norwegian Cruise Line For: Feb 27

Go back to Form 8-K Norwegian Cruise Line For: Feb 27

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