Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) will issue its quarterly earnings data on Tuesday, November 7th. Analysts expect the company to announce earnings of $1.85 per share for the quarter. Norwegian Cruise Line Holdings has set its Q3 guidance at approx. $1.83 EPS and its FY17 guidance at $3.93-$4.03 EPS.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.05. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.31 billion. Norwegian Cruise Line Holdings had a net margin of 13.22% and a return on equity of 16.65%. The business’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 earnings per share. On average, analysts expect Norwegian Cruise Line Holdings to post $3.82 EPS for the current fiscal year and $4.57 EPS for the next fiscal year.

Norwegian Cruise Line Holdings Ltd. (NCLH) opened at 54.80 on Tuesday. The company has a market cap of $12.50 billion, a P/E ratio of 18.52 and a beta of 1.12. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $35.21 and a 52 week high of $61.48. The stock has a 50 day moving average of $56.05 and a 200 day moving average of $54.54.

In related news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the business’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $54.57, for a total value of $306,956,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Harry Sommer sold 11,807 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $58.42, for a total transaction of $689,764.94. Following the completion of the transaction, the executive vice president now owns 42,195 shares of the company’s stock, valued at $2,465,031.90. The disclosure for this sale can be found here. Insiders own 0.98% of the company’s stock.

A number of research analysts have recently issued reports on NCLH shares. Buckingham Research lifted their price objective on shares of Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Nomura lifted their price objective on shares of Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Bank of America Corporation initiated coverage on shares of Norwegian Cruise Line Holdings in a research note on Monday, July 24th. They issued a “buy” rating and a $65.00 target price for the company. Stifel Nicolaus reiterated a “buy” rating and issued a $67.00 target price (down from $69.00) on shares of Norwegian Cruise Line Holdings in a research note on Thursday, October 19th. Finally, Argus initiated coverage on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, October 25th. They issued a “buy” rating and a $68.00 target price for the company. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Norwegian Cruise Line Holdings has an average rating of “Buy” and an average price target of $61.47.

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Norwegian Cruise Line Holdings Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

Earnings History for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

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