Add as a preferred source on GoogleNorwegian Cruise Line Faces $0.94 EPS Estimate Before Q3 Results
Revenue is projected at $2.88 billion, down 0.7% year over year, with results due before markets open Thursday.
Investors expect Norwegian Cruise Line Holdings (NCLH) to post third-quarter earnings of $0.94 per share and $2.88 billion in revenue when it reports before markets open Thursday, Oct. 29.
The earnings estimate is 9.3% above the year-earlier figure, while the revenue estimate is down 0.7%. The company is scheduled to release results at 6:30 a.m. ET (10:30 UTC) and hold a conference call at 8:30 a.m. ET (12:30 UTC).
On Oct. 23, JPMorgan lowered its rating on the company to Underweight from Neutral and cut its price target to $11 from $13.
In July, Norwegian Cruise Line Holdings projected adjusted earnings per share of about $0.90 and an 8.9% decline in constant-currency net yield for the quarter.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.