![]() Therefore, investors can take solace in the fact that despite projected modest losses based on JPMorgan Chase & Co.’s price objective, there are positive indications that NCLH is well-positioned for growth in a post-pandemic era as they have already reported robust quarterly returns amidst unprecedented times in tourism-related businesses worldwide. The cruise company operates under various brand names such as Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises and offers travel itineraries spanning across various regions globally.ĭespite challenging times within the tourism industry due to global travel restrictions and lockdowns caused by the COVID-19 pandemic, Norwegian Cruise Line Holdings remains optimistic about its future prospects given the ongoing vaccination efforts worldwide. Furthermore, despite a negative net margin of 23.54% and a negative return on equity of 448.59%, NCLH generated revenues worth $1.82 billion during this period – higher than consensus estimates of $1.74 billion. ![]() Despite this projection, the company has boosted investor confidence with impressive quarterly earnings results.Īccording to reports, NCLH reported earnings per share of ($0.30) for the quarter – an impressive achievement that exceeded analysts’ expectations of ($0.51) by $0.21. The bank upped the target from $15.00 to $16.00, suggesting a potential downward trend for the company’s current price by 13.00%. Norwegian Cruise Line Holdings (NCLH) has seen a significant increase in its price target from JPMorgan Chase & Co.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |