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Norwegian Cruise (NCLH) Stock Analysis: Is NCLH A Good Cruise Investment?
This morning Norwegian Cruise Line (#NCLH) announced their Q4 earnings and reported what many expected that they'd report given current circumstances.. Non-GAAP EPS came in at -$2.33 (miss by $0.17) and revenue of $9.58M (-99.4% Y/Y).
Shares of the company were up +40% over the past two weeks at the start of the trading session this morning, but have dropped -4% since reporting earnings. The company also gave guidance for 2021 and stated that they don't expect to be profitable again until cruising resumes. Is now a good buy on dip opportunity for cruise investors?
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By Financial MoversThis morning Norwegian Cruise Line (#NCLH) announced their Q4 earnings and reported what many expected that they'd report given current circumstances.. Non-GAAP EPS came in at -$2.33 (miss by $0.17) and revenue of $9.58M (-99.4% Y/Y).
Shares of the company were up +40% over the past two weeks at the start of the trading session this morning, but have dropped -4% since reporting earnings. The company also gave guidance for 2021 and stated that they don't expect to be profitable again until cruising resumes. Is now a good buy on dip opportunity for cruise investors?