Norwegian Cruise Line (NCLH) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Norwegian Cruise Line performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Passenger Cruise Days: 6,745.95 KDays compared to the 6,762.12 KDays average estimate based on four analysts.
• Capacity Days: 6,589.74 KDays versus 6,595.85 KDays estimated by four analysts on average.
• Net Yield: $298.10 compared to the $294.79 average estimate based on four analysts.
• Occupancy percentage: 102.4% compared to the 102.5% average estimate based on four analysts.
• Fuel price per metric ton, net of hedges: $811.00 versus the three-analyst average estimate of $828.18.
• Net Cruise Cost per Capacity Day: $201.81 compared to the $202.77 average estimate based on two analysts.
• Gross Cruise Cost per Capacity Day: $304.41 versus $304.56 estimated by two analysts on average.
• Net Cruise Cost Excluding Fuel: $1,110.51 compared to the $1,120.84 average estimate based on two analysts.
• Total Passengers carried: 906,689 compared to the 836,229 average estimate based on two analysts.
• Adjusted Net Cruise Cost Excluding Fuel: $1.08 billion versus $1.1 billion estimated by two analysts on average.
• Revenue- Onboard and other: $910.71 million versus the four-analyst average estimate of $858.67 million. The reported number represents a year-over-year change of +12.6%.
• Revenue- Passenger ticket: $1.73 billion versus $1.77 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +1.2% change.

View all Key Company Metrics for Norwegian Cruise Line here>>>

Shares of Norwegian Cruise Line have returned +0.4% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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