Norwegian Air Shuttle ASA (NAS.OL)
| Previous close | 16.58 |
| Open | 16.26 |
| Bid | 16.60 x 6100 |
| Ask | 16.45 x 128200 |
| Day's range | 15.91 - 16.69 |
| 52-week range | 7.69 - 18.40 |
| Volume | |
| Avg. volume | 8,792,819 |
| Market cap | 16.01B |
| Beta (5Y monthly) | 1.08 |
| PE ratio (TTM) | 10.79 |
| EPS (TTM) | 1.54 |
| Earnings date | 25 Apr 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 19.52 |
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ReutersNorwegian Air shares soar on Q4 beat, possible record 2024 profit
OSLO (Reuters) -Norwegian Air shares jumped on Friday after it reported forecast-beating operating earnings in the fourth quarter, lifting its full-year result to an all-time high, and said it expected its profit to hit a new record this year. From once flying transatlantic, it now focuses on its core Nordic market. The fourth quarter is normally a slow period for holiday travel in the northern hemisphere but Norwegian last month raised its earnings forecast for 2023 on the back of strong demand in the final two months of the year.
ReutersNorwegian Air raises full-year 2023 profit forecast
COPENHAGEN (Reuters) -Norwegian Air said on Wednesday it had raised its earnings forecast for 2023 on the back of strong demand in the final two months of the year, sending its share price up 5% in early trade to a 21-month high. The guidance hike primarily follows stronger than expected traffic demand in November and December, Norwegian said, as well as the settlement of a trademark dispute with Bank Norwegian and compensation related to aircraft delivery delays. "Favourable development in the price of jet fuel and foreign exchange rates have also had a positive impact on the results outlook," Norwegian said.
