Norwegian Cruise Line (NYSE:NCLH – Get Free Report) released its earnings results on Wednesday. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05, Briefing.com reports. The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.38 billion. Norwegian Cruise Line had a net margin of 4.62% and a return on equity of 105.44%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.20 EPS.
Norwegian Cruise Line Stock Performance
Shares of NCLH stock opened at $15.93 on Friday. The company has a 50 day moving average price of $18.04 and a 200-day moving average price of $18.01. Norwegian Cruise Line has a 52 week low of $12.70 and a 52 week high of $21.73. The firm has a market capitalization of $6.83 billion, a PE ratio of 22.76, a P/E/G ratio of 0.29 and a beta of 2.69. The company has a quick ratio of 0.22, a current ratio of 0.24 and a debt-to-equity ratio of 17.19.
Insider Transactions at Norwegian Cruise Line
In related news, Director Zillah Byng-Thorne purchased 13,360 shares of Norwegian Cruise Line stock in a transaction dated Friday, May 31st. The stock was purchased at an average cost of $16.50 per share, for a total transaction of $220,440.00. Following the completion of the purchase, the director now directly owns 13,360 shares of the company’s stock, valued at approximately $220,440. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.87% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Analysis on NCLH
Norwegian Cruise Line Company Profile
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.
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