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Stock Market Today, Oct. 29: Norwegian Cruise Line Holdings Beats Q3 Estimates, Raises Full-Year Guidance
The Motley Fool·
Norwegian Cruise Line Holdings (NCLH) surged 13.45% after beating Q3 earnings estimates and raising full-year EPS guidance to $1.70. The cruise operator reported $2.95 billion in revenue and is managing high fuel prices and slow bookings effectively. Peer cruise operators Royal Caribbean and Carnival also gained on stronger cruise demand. The broader market declined with S&P 500 down 0.31% and Nasdaq down 1.38%.
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