Norwegian Cruise Line Holdings Ltd.'s (NCLH) shares have seen significant action, reflected in several investment decisions. Charles Schwab Investment Management Inc. offloaded 171,208 Shares, Retirement Systems of Alabama holds holdings worth $1.99 million, and Federated Hermes Inc. has a $40,000 stock holding. Investor attention has been drawn to NCLH due to its Q1 2024 Earnings results, a return to full-year profitability, and the announcement of an ambitious Fleet Expansion Plan. However, the stock tumbled by 15% because the company missed EPS by 15%, calling for forecast revisions. The company also reported a Q3 loss yet exceeded revenue estimates. Despite weak earnings in some quarters, its quarterly results topped revenue estimates, boosting the stock. An updated target price from Wells Fargo & Company affected NCLH trading, putting the stock at a potential 22% discount. Positive financial outlook prompted Capital Research Global Investors to acquire a new stake and the appointment of a new director and regional president. On its operational side, the company has plans for a long-term fleet expansion and enhancements for Great Stirrup Cay, indicating growth and optimism in future operations.
Norwegian Cruise Line Holdings Ltd s NCLH News Analytics from Wed, 09 Jan 2019 08:00:00 GMT to Fri, 17 May 2024 21:44:47 GMT -
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