Norwegian Cruise Line HoldingsNYSE: NCLH

Norwegian Cruise Line's stock is rising towards a three-year peak following a strong quarterly performance and ongoing high demand.

NCLH's performance in the third quarter is boosted by high demand, good cost management, and the successful work of both onshore and onboard teams.

Norwegian Cruise Line (NCLH) reported quarterly earnings of $0.99 per share, which is higher than the Zacks Consensus Estimate of $0.95 per share. This is an increase compared to earnings of $0.76 per share from the same period last year.

The cruise company is among the top performers in the S&P 500 for October. It seems ready to finish the month on a high note.

In the third quarter, revenue increased by about 11% compared to the previous year, achieving a record high for that quarter. The company exceeded its third quarter expectations in all important areas and has raised its full-year forecast for the fourth time. MIAMI, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) along with NCL Corporation Ltd.

NCLH is likely to have performed well in the third quarter of 2024 due to high consumer demand and strong pricing.

At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.

Norwegian Cruise Line (NCLH) finished the latest trading session at $23.92, which represents a 0.89% increase from the previous day's closing price.

MIAMI, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has announced changes to when it will release its third quarter 2024 results and hold the related webcast. This adjustment is made to avoid overlapping with other companies' earnings announcements in the industry.