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Norwegian Cruise Line (NCLH) Beats on Earnings in Q4
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Norwegian Cruise Line Holdings Ltd. (NCLH - Free Report) reported fourth-quarter 2017 earnings per share (excluding 25 cents from non-recurring items) of 68 cents, beating the Zacks Consensus Estimate of 63 cents. Earnings increased 21.4% on a year-over-year basis.
How Was the Estimate Revision Trend?
Investors should note that the earnings estimate revisions for Norwegian Cruise Line depicted a stable picture prior to the earnings release. The stock had seen the Zacks Consensus Estimate for fourth-quarter earnings being stagnant over the last 30 days
Nonetheless, Norwegian Cruise Line has an impressive earnings surprise history. Even before posting the earnings beat in the fourth-quarter, the company delivered positive surprises in three of the past four quarters. The average earnings beat was 3.9%.
Norwegian Cruise Line Holdings Ltd. Price and EPS Surprise
Norwegian Cruise Line recorded revenues of $1,249.6 million, which fell short of the Zacks Consensus Estimate of $1,251.7 million. However, revenues increased 11.1% on a year-over-year basis.
Key Data: Norwegian Cruise Line expects earnings per share (excluding special items) of approximately 52 cents in the first quarter of 2018. The Zacks Consensus Estimate currently stands at 47 cents per share. The company expects earnings (excluding special items) in the band of $4.45 to $4.65 for full-year 2018. The Zacks Consensus Estimate of 4.59 per share is within the company’s guidance range.
Fuel price per metric ton, net of hedges, is projected at $450 and $465 for the first quarter and full year 2018, respectively.
Check back later for our full write up on this Norwegian Cruise Line earnings report later!
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Norwegian Cruise Line (NCLH) Beats on Earnings in Q4
Norwegian Cruise Line Holdings Ltd. (NCLH - Free Report) reported fourth-quarter 2017 earnings per share (excluding 25 cents from non-recurring items) of 68 cents, beating the Zacks Consensus Estimate of 63 cents. Earnings increased 21.4% on a year-over-year basis.
How Was the Estimate Revision Trend?
Investors should note that the earnings estimate revisions for Norwegian Cruise Line depicted a stable picture prior to the earnings release. The stock had seen the Zacks Consensus Estimate for fourth-quarter earnings being stagnant over the last 30 days
Nonetheless, Norwegian Cruise Line has an impressive earnings surprise history. Even before posting the earnings beat in the fourth-quarter, the company delivered positive surprises in three of the past four quarters. The average earnings beat was 3.9%.
Norwegian Cruise Line Holdings Ltd. Price and EPS Surprise
Norwegian Cruise Line Holdings Ltd. Price and EPS Surprise | Norwegian Cruise Line Holdings Ltd. Quote
Revenues Lower Than Expected
Norwegian Cruise Line recorded revenues of $1,249.6 million, which fell short of the Zacks Consensus Estimate of $1,251.7 million. However, revenues increased 11.1% on a year-over-year basis.
Key Data: Norwegian Cruise Line expects earnings per share (excluding special items) of approximately 52 cents in the first quarter of 2018. The Zacks Consensus Estimate currently stands at 47 cents per share. The company expects earnings (excluding special items) in the band of $4.45 to $4.65 for full-year 2018. The Zacks Consensus Estimate of 4.59 per share is within the company’s guidance range.
Fuel price per metric ton, net of hedges, is projected at $450 and $465 for the first quarter and full year 2018, respectively.
Zacks Rank: Currently, Norwegian Cruise Line carries a Zacks Rank #3 (Hold) which is subject to change following the earnings announcement. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this Norwegian Cruise Line earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>