Norwegian Air Shuttle Past Earnings Performance

Past criteria checks 6/6

Norwegian Air Shuttle has been growing earnings at an average annual rate of 25.5%, while the Airlines industry saw earnings growing at 16.5% annually. Revenues have been declining at an average rate of 24% per year. Norwegian Air Shuttle's return on equity is 30.1%, and it has net margins of 6.3%.

Key information

25.5%

Earnings growth rate

79.0%

EPS growth rate

Airlines Industry Growth	0.5%
Revenue growth rate	-24.0%
Return on equity	30.1%
Net Margin	6.3%
Next Earnings Update	12 Jul 2024

Recent past performance updates

Norwegian Air Shuttle's (OB:NAS) Earnings Offer More Than Meets The Eye

Nov 10

Recent updates

Need To Know: Analysts Are Much More Bullish On Norwegian Air Shuttle ASA (OB:NAS) Revenues

May 01

Is Now The Time To Look At Buying Norwegian Air Shuttle ASA (OB:NAS)?

Mar 11

Earnings Not Telling The Story For Norwegian Air Shuttle ASA (OB:NAS) After Shares Rise 25%

Feb 07

Here's Why We Think Norwegian Air Shuttle (OB:NAS) Might Deserve Your Attention Today

Jan 28

Norwegian Air Shuttle ASA's (OB:NAS) Earnings Are Not Doing Enough For Some Investors

Dec 23

Norwegian Air Shuttle's (OB:NAS) Earnings Offer More Than Meets The Eye

Nov 10

These 4 Measures Indicate That Norwegian Air Shuttle (OB:NAS) Is Using Debt Extensively

Oct 24

Health Check: How Prudently Does Norwegian Air Shuttle (OB:NAS) Use Debt?

May 22

Norwegian Air Shuttle ASA's (OB:NAS) Shares Leap 29% Yet They're Still Not Telling The Full Story

Feb 23

Revenue & Expenses Breakdown
Beta

How Norwegian Air Shuttle makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:NAS Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	25,539	1,611	0
30 Sep 23	23,394	1,341	0
30 Jun 23	21,862	219	0
31 Mar 23	20,005	943	0
31 Dec 22	18,869	920	0
30 Sep 22	16,281	1,146	0
30 Jun 22	11,204	428	0
31 Mar 22	6,670	1,978	0
31 Dec 21	5,068	1,839	0
30 Sep 21	3,048	-14,869	0
30 Jun 21	2,431	-16,058	0
31 Mar 21	5,782	-21,538	0
31 Dec 20	9,096	-23,051	0
30 Sep 20	17,370	-8,298	0
30 Jun 20	30,486	-5,607	0
31 Mar 20	39,099	-2,832	0
31 Dec 19	43,522	-1,615	0
30 Sep 19	44,235	-2,752	229
30 Jun 19	43,218	-3,122	229
31 Mar 19	41,264	-2,900	229
31 Dec 18	40,266	-1,461	229
30 Sep 18	38,452	829	158
30 Jun 18	35,139	636	158
31 Mar 18	32,686	-357	158
31 Dec 17	30,948	-1,795	158
30 Sep 17	29,131	-875	74
30 Jun 17	27,388	-991	74
31 Mar 17	26,245	452	74
31 Dec 16	25,951	1,135	74
30 Sep 16	25,243	564	63
30 Jun 16	24,188	405	63
31 Mar 16	23,417	-16	63
31 Dec 15	22,491	246	63
30 Sep 15	21,775	-359	60
30 Jun 15	20,835	-818	60
31 Mar 15	20,018	-1,015	60
31 Dec 14	19,540	-1,070	60
30 Sep 14	18,655	-285	48
30 Jun 14	17,195	-223	48
31 Mar 14	16,164	-155	48
31 Dec 13	15,511	322	48
30 Sep 13	14,881	539	46
30 Jun 13	14,228	731	46

Quality Earnings: NAS has high quality earnings.

Growing Profit Margin: NAS's current net profit margins (6.3%) are higher than last year (4.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NAS has become profitable over the past 5 years, growing earnings by 25.5% per year.

Accelerating Growth: NAS's earnings growth over the past year (75.1%) exceeds its 5-year average (25.5% per year).

Earnings vs Industry: NAS earnings growth over the past year (75.1%) exceeded the Airlines industry 75.1%.

Norwegian Air Shuttle Past Earnings Performance

Past criteria checks 6/6

Key information

Recent past performance updates

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Norwegian Air Shuttle's (OB:NAS) Earnings Offer More Than Meets The Eye

Norwegian Air Shuttle ASA to Report First Half, 2024 Results on Jul 12, 2024

Third quarter 2023 earnings released: EPS: kr2.12 (vs kr0.98 in 3Q 2022)

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Recent updates

Need To Know: Analysts Are Much More Bullish On Norwegian Air Shuttle ASA (OB:NAS) Revenues

Consensus revenue estimates increase by 10%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Is Now The Time To Look At Buying Norwegian Air Shuttle ASA (OB:NAS)?

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 11%

Price target increased by 11% to kr17.59

Price target increased by 9.5% to kr16.44

Earnings Not Telling The Story For Norwegian Air Shuttle ASA (OB:NAS) After Shares Rise 25%

Price target increased by 11% to kr15.73

High number of new directors

Here's Why We Think Norwegian Air Shuttle (OB:NAS) Might Deserve Your Attention Today

Price target increased by 7.1% to kr15.01

Norwegian Air Shuttle ASA Revises Earnings Guidance for the Full-Year of 2023

Norwegian Air Shuttle ASA's (OB:NAS) Earnings Are Not Doing Enough For Some Investors

Norwegian Air Shuttle ASA (OB:NAS) acquired Widerøe AS from WF Holding AS.

Norwegian Air Shuttle ASA Announces Resignation of Sondre Gravir from the Board of Directors

Norwegian Air Shuttle's (OB:NAS) Earnings Offer More Than Meets The Eye

Norwegian Air Shuttle ASA to Report First Half, 2024 Results on Jul 12, 2024

Third quarter 2023 earnings released: EPS: kr2.12 (vs kr0.98 in 3Q 2022)

Consensus EPS estimates fall by 13%

These 4 Measures Indicate That Norwegian Air Shuttle (OB:NAS) Is Using Debt Extensively

Price target decreased by 8.6% to kr14.52

Consensus EPS estimates increase by 21%

Independent Chairman of Board recently bought kr507k worth of stock

Norwegian Air Shuttle ASA (OB:NAS) entered into a transaction agreement to acquire Widerøe AS for approximately NOK 1.13 billion.

New minor risk - Shareholder dilution

Health Check: How Prudently Does Norwegian Air Shuttle (OB:NAS) Use Debt?

Consensus EPS estimates increase by 14%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Norwegian Air Shuttle ASA's (OB:NAS) Shares Leap 29% Yet They're Still Not Telling The Full Story

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 18%

Consensus EPS estimates increase by 24%

Investor sentiment improves as stock rises 16%

Is Norwegian Air Shuttle (OB:NAS) Using Debt In A Risky Way?

Price target decreased to kr10.97

Less than half of directors are independent

Chief Financial Officer recently bought kr183k worth of stock

Norwegian Air Shuttle ASA Announces the Resignation of Chris Browne as Board Member, with effect from 31 December 2022

Price target decreased to kr10.00

Norwegian Seeks Judicial Review Regarding EU ETS Obligations for 2020

What Does Norwegian Air Shuttle ASA's (OB:NAS) Share Price Indicate?

Independent Director recently bought kr84k worth of stock

Price target increased to kr12.25

Consensus forecasts updated

Consensus forecasts updated

Investor sentiment improved over the past week

Is Norwegian Air Shuttle (OB:NAS) A Risky Investment?

Consensus forecasts updated

Is It Time To Consider Buying Norwegian Air Shuttle ASA (OB:NAS)?

Chairman of Board recently bought kr1.6m worth of stock

Price target decreased to kr12.00

Second quarter 2022 earnings released: EPS: kr1.34 (vs kr8.95 in 2Q 2021)

Price target increased to kr13.00

Chief Financial Officer recently bought kr165k worth of stock

Is Norwegian Air Shuttle (OB:NAS) A Risky Investment?

Chairman of Board recently bought kr1.1m worth of stock

Investor sentiment improved over the past week

Full year 2021 earnings: EPS exceeds analyst expectations

Price target decreased to kr13.00

Less than half of directors are independent

Consensus forecasts updated

Price target decreased to kr13.00

Is Norwegian Air Shuttle (OB:NAS) A Risky Investment?

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 104%

Forecast breakeven date pushed back to 2023

Revenue & Expenses Breakdown
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