Norwegian Air Shuttle ASA (NWARF) Set to Release Earnings on Wednesday

Norwegian Air Shuttle ASA (OTCMKTS:NWARF) is projected to post its results before the market opens on Wednesday, October 28th. Analysts expect Norwegian Air Shuttle ASA to announce earnings of $0.1586 per share and revenue of $1.33 billion for the quarter.

Norwegian Air Shuttle ASA Trading Down 9.1%

Shares of Norwegian Air Shuttle ASA stock opened at $1.16 on Tuesday. Norwegian Air Shuttle ASA has a 52 week low of $0.95 and a 52 week high of $1.86. The firm’s 50 day moving average is $1.28 and its two-hundred day moving average is $1.48.

About Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA is a Norwegian low-cost airline headquartered at Fornebu near Oslo. Founded in 1993, the company operates scheduled passenger services under the Norwegian brand, offering domestic and international flights with an emphasis on affordable fares, efficient operations and a primarily Boeing 737 fleet.

Norwegian serves destinations across Norway, the Nordic countries and wider Europe, including routes to major cities and leisure markets around the Mediterranean. Its services include point-to-point air travel for both business and recreational passengers, with optional ancillary products such as baggage, seat selection and onboard purchases.

Following a period of financial restructuring, Norwegian refocused its operations on short-haul routes in the Nordic and European markets after discontinuing its long-haul activities.