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Cruise Earnings & Why NCLH is Lagging RCL
Manage episode 479910352 series 3645668
Norwegian Cruise Line (NCLH) came up a little short in its 1Q earnings report. Steven E. Orr says overall cruise ships are doing well right now, and points to the earnings beat from Royal Caribbean (RCL). For NCLH, he likes their adjustments in fleet ownership but says cash on hand is lower than RCL which could be a concern. Steven likes the industry trend in targeting repeat cruise customers and looking for cost-cutting in its energy usage.
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4978 episodes
Manage episode 479910352 series 3645668
Norwegian Cruise Line (NCLH) came up a little short in its 1Q earnings report. Steven E. Orr says overall cruise ships are doing well right now, and points to the earnings beat from Royal Caribbean (RCL). For NCLH, he likes their adjustments in fleet ownership but says cash on hand is lower than RCL which could be a concern. Steven likes the industry trend in targeting repeat cruise customers and looking for cost-cutting in its energy usage.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
4978 episodes
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