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Old 04-24-2019 | 10:05 PM
  #31  
Andy
Gets Weekends Off
 
Joined: Mar 2006
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From: guppy CA
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Originally Posted by NEDude
Mixed bag of news for Norwegian today. Yield per passenger is lower than expected, but load factor is higher.

Also of note is this from a company called Pareto Securities (never heard of them or have any idea what their track record is):

"While the yield lagged expectations, the higher load factor helped compensate the shortfall, said brokerage Pareto Securities, which has a buy recommendation on Norwegian’s stock. The carrier’s first-quarter adjusted earnings before interest, tax, depreciation and amortisation will likely swing to a profit of about 600 million Norwegian crowns ($69.93 million) from a year-ago loss of 880 million, Pareto added."

https://www.reuters.com/article/norw...-idUSL8N21M0WL
Pareto's estimate was close. Norwegian's EBITDAR was +87.8 million NOK. Of course that counted one time gains. Toss in interest, depreciation, taxes, and amortization and Norwegian had a net loss of 1.489 billion NOK.
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