Analysts expect Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) to announce earnings of $1.84 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Norwegian Cruise Line Holdings’ earnings, with the highest EPS estimate coming in at $1.89 and the lowest estimate coming in at $1.75. Norwegian Cruise Line Holdings posted earnings of $1.62 per share during the same quarter last year, which would suggest a positive year over year growth rate of 13.6%. The business is expected to issue its next quarterly earnings results on Wednesday, November 8th.

On average, analysts expect that Norwegian Cruise Line Holdings will report full-year earnings of $3.98 per share for the current year, with EPS estimates ranging from $3.82 to $4.07. For the next fiscal year, analysts expect that the firm will report earnings of $4.60 per share, with EPS estimates ranging from $4.48 to $4.75. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Norwegian Cruise Line Holdings.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.05. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the previous year, the business posted $0.85 EPS. The business’s revenue for the quarter was up 13.3% on a year-over-year basis.

NCLH has been the topic of several analyst reports. Buckingham Research increased their target price on Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, August 9th. Nomura increased their price target on Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Bank of America Corporation began coverage on Norwegian Cruise Line Holdings in a report on Monday, July 24th. They issued a “buy” rating and a $65.00 price target for the company. Berenberg Bank restated a “buy” rating and issued a $65.00 price target on shares of Norwegian Cruise Line Holdings in a report on Wednesday, June 28th. Finally, Stifel Nicolaus restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a report on Thursday, August 10th. Ten analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $57.94.

In related news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $54.57, for a total transaction of $306,956,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Harry Sommer sold 11,807 shares of the stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $58.42, for a total value of $689,764.94. Following 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. 0.98% of the stock is currently owned by company insiders.

Several large investors have recently bought and sold shares of the stock. Alps Advisors Inc. grew its holdings in shares of Norwegian Cruise Line Holdings by 0.3% during the second quarter. Alps Advisors Inc. now owns 9,396 shares of the company’s stock worth $510,000 after buying an additional 24 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of Norwegian Cruise Line Holdings by 0.3% during the first quarter. Nomura Asset Management Co. Ltd. now owns 20,900 shares of the company’s stock worth $1,060,000 after buying an additional 64 shares in the last quarter. Ameritas Investment Partners Inc. grew its holdings in shares of Norwegian Cruise Line Holdings by 1.9% during the second quarter. Ameritas Investment Partners Inc. now owns 4,083 shares of the company’s stock worth $222,000 after buying an additional 77 shares in the last quarter. M&T Bank Corp grew its holdings in shares of Norwegian Cruise Line Holdings by 1.4% during the second quarter. M&T Bank Corp now owns 7,609 shares of the company’s stock worth $413,000 after buying an additional 103 shares in the last quarter. Finally, Amalgamated Bank grew its holdings in shares of Norwegian Cruise Line Holdings by 2.4% during the first quarter. Amalgamated Bank now owns 8,718 shares of the company’s stock worth $442,000 after buying an additional 202 shares in the last quarter. Institutional investors and hedge funds own 85.80% of the company’s stock.

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Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded up 0.75% during trading on Thursday, reaching $54.05. The company’s stock had a trading volume of 2,518,817 shares. The stock’s 50 day moving average is $57.11 and its 200-day moving average is $53.34. Norwegian Cruise Line Holdings has a 52 week low of $35.21 and a 52 week high of $61.48. The firm has a market cap of $12.33 billion, a P/E ratio of 18.20 and a beta of 1.15.

About Norwegian Cruise Line Holdings

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.

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

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