Norwegian Cruise Line Holdings Earnings: Here’s Why Investors are Happy Now

Norwegian Cruise Line Holdings (NASDAQ:NCLH) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 1.19%.

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Norwegian Cruise Line Holdings Earnings Cheat Sheet

Revenue: Was the same at $527.6 million as the year-earlier quarter.

Actual vs. Wall St. Expectations: Norwegian Cruise Line Holdings reported adjusted EPS income of $0.06 per share. By that measure, the company beat the mean analyst estimate of $0.03. It beat the average revenue estimate of $505.72 million.

Quoting Management: “We are excited to announce another quarter of strong results, especially in light of this being our first quarter as a publicly traded company,” said Kevin Sheehan, Norwegian Cruise Line’s President and CEO. “These strong results bring us to nineteen consecutive quarters of year over year Adjusted EBITDA growth.”

Key Stats (on next page)…

EPS increased 50% from $0.04 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from $0 to a profit $0.28. For the current year, the average estimate has moved up from $0 to a profit of $1.34 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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