US EditionOptions Corner: Norwegian Cruise Line's Post-Earnings Meltdown Hides an Arbitrage Opportunity - Norwegian Cruise Line (NYSE:NCLH)
Norwegian Cruise Line lowered fourth-quarter profit guidance due to cost uncertainties and weakening demand, causing a 15% stock drop despite record revenue and EPS beats.
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4 Articles
Options Corner: Norwegian Cruise Line's Post-Earnings Meltdown Hides an Arbitrage Opportunity - Norwegian Cruise Line (NYSE:NCLH)
On surface level, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) appears to be a complete mess. Despite delivering what on paper would seem to be solid financial results, the cruise ship operator struggled to stave off travel-sector-related anxieties. As such, NCLH stock suffered a sharp drop of more than 15% during Tuesday's afternoon session. Still, the quantitative picture presents a hidden informational arbitrage that data-driven options tr…
Why Norwegian Cruise Line Holdings Stock Crashed
Key PointsNorwegian missed on sales but beat on earnings this morning.Actual GAAP earnings were much less than earnings adjusted for one-time items.Norwegian stock still carries a lot of debt left over from the COVID crisis.10 stocks we like better than Norwegian Cruise Line › Norwegian Cruise Line Holdings (NYSE: NCLH) stock tumbled 12.5% through 11:35 a.m. ET Tuesday after reporting mixed earnings this morning. Heading into the report, analyst…
Norwegian Cruise Forecasts Quarterly Profit Below Estimates on Economic Slowdown, Rising Costs
Norwegian Cruise Line Holdings forecast fourth-quarter profit below expectations on Tuesday, on cost uncertainties and subdued consumer appetite for sea-based vacations as travelers curb spending, sending its shares down 11%.
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