Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is reporting third quarter financial results on Monday 9th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, NCLH is expected to report 3Q20 loss of $ 2.24 per share from revenue of $ 10.61 million.
For the full year, analysts anticipate top line of $ 1319.11 million, while looking forward to loss of $ 8.2 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 5.40 ~ $ 5.60 per share
Click Here For More Historical Outlooks Of Norwegian Cruise Line Holdings Ltd.
Previous Quarter Performance
Norwegian Cruise Line Holdings Ltd. unwinded loss for the second quarter of $ 2.78 per share, from the revenue of $ 16.93 million. According to street consensus, NCLH was expected to report 2Q20 loss of $ 2.26 per share from revenue of $ 25.48 million. The bottom line results missed street analysts by $ 0.52 or 23.01 percent, at the same time, top line results fell short of analysts by $ 8.55 million or 33.56 percent.
Stock Performance
On Friday, shares of Norwegian Cruise Line Holdings Ltd. has traded high as $ 17.30 and has cracked $ 16.65 on the downward trend, reaching $ 16.97 with volume of 14.04 million shares.
According to the previous trading day, closing price of $ 16.97, representing a 145.38 % increase from the 52 week low of $ 7.03 and a 71.14 % decrease over the 52 week high of $ 59.78.
The company has a market capital of $ 4.68 billion and is part of the Consumer Cyclical sector and Leisure industry.
Recent Analyst recommendations
- On 25th September 2020, upgraded by Barclays to Overweight from Equal-Weight rating.
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the United States and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers cruise itineraries ranging from a few days to 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, India and the rest of Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, South America, the Panama Canal, the Caribbean, and Harvest Caye.
