Stock jumps after better-than-expected guidance
- Norwegian Cruise Line Holdings expects a surprise profit for the current quarter
- Net losses for the fourth quarter narrowed to $106.5 million
- Revenue grew 30.8% to $1.99 billion
- Occupancy for the year was 102.9%
- Stock has gained 10.8% over the past three months
Shares of Norwegian Cruise Line Holdings Ltd. jumped 6.6% in premarket trading after the cruise operator reported a narrower fourth-quarter loss and expects a surprise profit for the current quarter. The company cited continued healthy consumer demand and a record booked position and pricing. Revenue for the quarter grew 30.8% to $1.99 billion, with passenger ticket revenue increasing 31.8% to $1.33 billion. Occupancy for the year was 102.9%. The stock has gained 10.8% over the past three months.
Factuality Level: 8
Factuality Justification: The article provides specific details about Norwegian Cruise Line Holdings Ltd.’s financial performance, including revenue, losses, and expectations for future quarters. The information is based on factual data and financial reports, without any apparent bias or sensationalism. The article also includes comparisons with FactSet consensus estimates, adding to its credibility.
Noise Level: 3
Noise Justification: The article provides relevant information about Norwegian Cruise Line Holdings Ltd.’s financial performance, including details about their fourth-quarter results and expectations for the current quarter. It includes specific numbers and comparisons with analyst expectations. However, the article lacks critical analysis, accountability, or exploration of broader consequences beyond financial metrics.
Financial Relevance: Yes
Financial Markets Impacted: Shares of Norwegian Cruise Line Holdings Ltd.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to the financial performance of Norwegian Cruise Line Holdings Ltd. and its impact on the stock market. There is no mention of an extreme event.
Public Companies: Norwegian Cruise Line Holdings Ltd. (NCLH)
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