Norwegian Air Shuttle Second Quarter 2024 Earnings: EPS: kr0.46 (vs kr0.54 in 2Q 2023)

Norwegian Air Shuttle (OB:NAS) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr9.08b (up 37% from 2Q 2023).
• Net income: kr443.0m (down 12% from 2Q 2023).
• Profit margin: 4.9% (down from 7.6% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: kr0.46 (down from kr0.54 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Norwegian Air Shuttle Earnings Insights

Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Airlines industry in Europe.

Performance of the market in Norway.

The company's shares are up 5.5% from a week ago.

Risk Analysis

Be aware that Norwegian Air Shuttle is showing 1 warning sign in our investment analysis that you should know about...

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