OB:NASAirlines
Norwegian (OB:NAS) Earnings Guidance Lags Market, Undervalued Signals Reinforce Cautious Bull Case
Norwegian Air Shuttle (OB:NAS) delivered robust growth in recent years, with revenue forecast to rise 6.7% annually and earnings having grown by an impressive 78.8% per year over the last five years. However, the outlook is more muted as current earnings are projected to expand by just 0.4% per year, which is well below the Norwegian market’s 13.7% expectation. Net profit margins narrowed to 4.9% from 5.5% a year ago. Despite these softer forward numbers, the company’s sustained profit growth...