Norwegian Cruise Line shares trade below previous close
Quarterly earnings per share exceeded the consensus estimate, while revenue fell slightly short of analysts’ expectations.
Norwegian Cruise Line Holdings shares traded as low as $13.88 during midday trading and were last recorded at $13.6510, according to reported market data. Trading volume reached 1870518 shares after the stock previously closed at $14.22.
The company reported quarterly earnings per share of $0.48, compared with a consensus estimate of $0.41. Quarterly revenue totaled $2.64 billion against analysts’ expectations of $2.65 billion. The report said revenue increased 4.9% from the same quarter a year earlier.
Norwegian Cruise Line set third-quarter 2026 earnings-per-share guidance at 0.900 and full-year 2026 guidance at 1.500. Reported analyst data indicated a consensus rating of Hold and an average price target of $20.95.
The report also said hedge funds and other institutional investors owned 69.58% of the company’s stock. Norwegian Cruise Line Holdings operates three brands: Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises.