This after the company swung to its first profit since the COVID pandemic, reporting better than expected second quarter results but undershooting Wall Street's Q3 projection.
NCLH's forecast for Q3 adjusted EPS of 70 cents was below the 79-cent consensus. Full-year guidance went up a nickel, to 80 cents per share, 2 cents higher than consensus.
Expecting more
As The Motley Fool summed up: 'But with the stock up over 60% this year going into the earnings report, investors were already expecting strong results. Management raised its full-year outlook on the back of strong demand, but investors were expecting more on the bottom line.'
In the past 52 weeks, NCLH has traded in a range of $10.83 to as high as $22.75 on July 12.
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