Zacks cuts Norwegian Cruise Line’s first-quarter 2027 earnings estimate
The research firm widened its projected per-share loss while broader analyst data indicated a hold rating and a $20.25 consensus price target.
Zacks Research reduced its first-quarter 2027 earnings estimate for Norwegian Cruise Line to a loss of $0.04 per share from a previously projected loss of $0.02 per share. The firm assigned the cruise company’s stock its strong sell rating.
Separately, aggregated analyst data showed Norwegian Cruise Line with an average hold rating and a consensus target price of $20.25.
Norwegian Cruise Line reported quarterly earnings of $0.48 per share, surpassing the analyst consensus estimate of $0.41 by $0.07. Revenue for the quarter was $2.64 billion, compared with analysts’ projection of $2.65 billion.
The report also stated that institutional investors owned 69.58% of Norwegian Cruise Line shares.