Norwegian Air Shuttle Earnings beat, Revenue misses In Q3

Norwegian Air Shuttle Earnings beat, Revenue misses In Q3
Credit: © Reuters. - Norwegian Air Shuttle reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Norwegian Air Shuttle announced earnings per share of kr0.81 on revenue of kr7.12. Analysts polled by anticipated EPS of kr0.75 on revenue of kr7.21B.

Norwegian Air Shuttle shares are down 11.7% from the beginning of the year and are trading at kr8.10 , down-from-52-week-high.

Norwegian Air Shuttle follows other major Industrials sector earnings this month

Norwegian Air Shuttle's report follows an earnings beat by Tomra Systems on Friday, October 21, 2022, who reported EPS of kr1.08 on revenue of kr3.16B, compared to forecasts EPS of kr1.04 on revenue of kr3.22B.

Nel ASA had missed expectations on Thursday, October 20, 2022 with third quarter EPS of kr-0.17 on revenue of kr183.1M, compared to forecast for EPS of kr-0.1223 on revenue of kr253.99M.

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