Norwegian Cruise Line Stock Underperforms Broader Market Despite Upbeat Earnings Outlook
• Norwegian Cruise Line (NCLH) stock has fallen more than the broader market recently, down 8.48% in the past month compared to a 3.98% gain for the S&P 500
• NCLH is expected to report a 93.27% year-over-year earnings growth and 30.95% revenue growth in its next quarterly report
• Upward estimate revisions signal analyst optimism about NCLH's business operations and profitability
• NCLH currently has a Zacks Rank of 3 (Hold) based on positive estimate revisions
• The Leisure and Recreation Services industry ranks in the top 40% of over 250 industries, which historically outperforms the bottom 50%