Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Norwegian Cruise Line Holdings Stock Was Tumbling This Week

TheMotleyFool 
0 0 03.05.24
Why Norwegian Cruise Line Holdings Stock Was Tumbling This Week: https://g.foolcdn.com/editorial/images/775657/unhappy-person-smoking-while-seated-with-a-cruise-ship-in-the-background.jpg
 

Some investors just can't be pleased. That seemed to be the dynamic at work this week with Norwegian Cruise Line Holdings (NYSE: NCLH), whose stock was sinking this week despite quite a decent quarterly earnings report. According to data compiled by S&P Global Market Intelligence, as of early morning Friday the share price was more than 16% underwater week to date.

Norwegian unveiled its first-quarter fundamentals Wednesday morning, and they featured dynamics most investors like. There were marked improvements on the top and bottom lines, with the latter beating the consensus analyst estimate. The company also lifted its net income guidance for full year 2024.

The profitability picture was a bit different with the company's outlook for its current (second) quarter. Management is expecting to post a per-share net income of $0.32, which is only $0.01 above the collective analyst forecast.

Continue reading


Source Fool.com

Line Corp Stock

€41.00
-1.890%
A loss of -1.890% shows a downward development for Line Corp.

Show more
Like: 0
NCLH
Share

Comments

Not a member yet? Sign up for free!