Norwegian Cruise Line Falls as Major Indexes Advance
Norwegian Cruise Line shares closed lower while major U.S. indexes rose, ahead of quarterly results that analysts expect to show lower earnings.
Key takeaways
- Norwegian Cruise Line closed at $14.87, down 1.78%.
- Zacks consensus calls for quarterly earnings of $0.88 per share.
Norwegian Cruise Line shares fell 1.78% to $14.87 in the latest session, while major U.S. indexes rose. The S&P 500 gained 0.66%, the Dow added 0.18% and the Nasdaq advanced 1.05%.
Over the past month, the shares lost 2.76%. That was a smaller decline than the Consumer Discretionary sector’s 6.5% drop, but the stock trailed the S&P 500, which gained 0.55%.
Ahead of the company’s next earnings report, Zacks consensus estimates call for earnings of $0.88 per share and revenue of $2.88 billion. Those figures would represent year-over-year declines of 26.67% and 2.13%, respectively.
This article was produced with the help of AI technology. Source: Yahoo Finance
