Norwegian Cruise Line Shares Slide 4.2% as EPS Set to Jump 157%
Norwegian Cruise Line shares fell 4.16% to close at $20.05, underperforming the S&P 500’s 1.33% loss and lagging a 3.59% monthly slump versus a 2.67% gain in the Consumer Discretionary sector. Analysts project 157% year-over-year EPS growth to $0.18 on $2.35 billion revenue, with a forward P/E of 8.24.
1. Market Performance
Norwegian Cruise Line closed at $20.05, down 4.16% for the day, underperforming the S&P 500’s 1.33% decline, the Dow’s 0.95% drop and the Nasdaq’s 1.59% loss. Over the past month, the stock slid 3.59%, trailing a 2.67% gain in the Consumer Discretionary sector and a 0.58% rise in the S&P 500.
2. Upcoming Earnings Expectations
The company is forecast to report quarterly earnings of $0.18 per share, representing 157% year-over-year growth, on revenue of $2.35 billion, up 10.6% from the prior year. Full-year projections call for $2.54 in earnings per share (+20.4%) and $10.68 billion in revenue (+8.7%).
3. Valuation and Analyst Outlook
Norwegian Cruise Line trades at a forward P/E of 8.24, roughly half the 16.45 industry average, and holds a PEG ratio of 0.49 versus the peer average of 1.37. Consensus EPS estimates have been revised down 1.97% over the past month, and the company carries a neutral Zacks Rank of 3 (Hold).