|June 16, 2014|
|09:01 EDT||NCLH||Norwegian Cruise Line downgraded to Neutral at SunTrust|
SunTrust downgraded Norwegian Cruise Line to Neutral from Buy on concerns the company's guidance for the second half of 2014 could miss expectations due to soft pricing reads. The firm lowered its price target for shares to $37 from $41.
News For NCLH From The Last 14 Days
Check below for free stories on NCLH the last two weeks.
|July 28, 2014|
|16:07 EDT||NCLH||Norwegian Cruise Line backs FY14 adjusted EPS view $2.20-$2.35, consensus $2.28|
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|16:05 EDT||NCLH||Norwegian Cruise Line sees Q3 adjusted EPS $1.05-$1.10, consensus $1.15|
Sees Q3 adjusted net cruise cost excluding fuel per capacity day up 2%-3% as reported and at constant currency.
|16:03 EDT||NCLH||Norwegian Cruise Line reports Q2 adjusted EPS 58c, consensus 57c|
Reports Q2 revenue $765.9M, consensus $797.53M. The company said, "This quarter marks the first full quarter with both Breakaway-class ships in operation. Along with Norwegian Epic, these newer, premium, earnings-rich ships now comprise a little over a third of our capacity and contributed to the doubling of earnings in the quarter."
|July 14, 2014|
|12:29 EDT||NCLH||Norwegian Cruise Line reaches agreemeent for two new cruise ships|
Norwegian Cruise Line announced that it has reached an agreement with MEYER WERFT GmbH of Germany to build two new Breakaway-Plus class cruise ships for delivery in the second quarter 2018 and the fourth quarter 2019. Each ship will be 164,600 gross tons and include 4,200 passenger berths. The contract price for both ships is approximately euro 1.6 billion. The company has export credit financing in place for each ship, arranged and underwritten by KfW IPEX-Bank GmbH of Germany.