Norwegian Cruise Line Q2 2024 Adj. EPS $0.40 Beats $0.35 Estimate, Sales $2.372B Miss $2.383B Estimate
Portfolio Pulse from Benzinga Newsdesk
Norwegian Cruise Line (NYSE:NCLH) reported Q2 2024 adjusted EPS of $0.40, beating the estimate of $0.35. However, sales of $2.372 billion missed the $2.383 billion estimate. Sales increased by 7.60% year-over-year.
July 31, 2024 | 11:30 am
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Norwegian Cruise Line reported Q2 2024 adjusted EPS of $0.40, beating the estimate of $0.35. Sales of $2.372 billion missed the $2.383 billion estimate but increased by 7.60% year-over-year.
The EPS beat is a positive indicator and will likely boost investor confidence, leading to a short-term price increase. The slight miss in sales is less significant given the year-over-year growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100