Norwegian Cruise Line Q1 2024 Adj EPS $0.16 Beats $0.11 Estimate, Sales $2.20B Miss $2.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Norwegian Cruise Line (NCLH) reported Q1 2024 adjusted earnings per share (EPS) of $0.16, surpassing the $0.11 estimate, but its sales of $2.20B fell short of the $2.24B estimate. This represents a 20.75% increase in sales compared to the same period last year.
May 01, 2024 | 11:31 am
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Norwegian Cruise Line reported higher than expected Q1 2024 EPS at $0.16, beating estimates by 45.45%, but missed sales forecasts with $2.20B versus the expected $2.24B.
The positive earnings surprise could lead to short-term positive sentiment, offset by the slight miss in sales expectations. The significant year-over-year sales growth indicates underlying strength, potentially balancing investor reactions.
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