Norwegian Air Shuttle ASA (NWARF) to Release Earnings on Tuesday

Norwegian Air Shuttle ASA (OTCMKTS:NWARF) will likely be posting its resultson Tuesday, April 28th. Analysts expect Norwegian Air Shuttle ASA to post earnings of ($0.0990) per share and revenue of $687.5120 million for the quarter.

Norwegian Air Shuttle ASA Stock Performance

OTCMKTS NWARF opened at $1.51 on Friday. The firm has a 50-day moving average of $1.57 and a 200-day moving average of $1.60. Norwegian Air Shuttle ASA has a 52-week low of $1.15 and a 52-week high of $1.95.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Danske cut shares of Norwegian Air Shuttle ASA to a “hold” rating in a research note on Tuesday, January 6th. Pareto Securities upgraded shares of Norwegian Air Shuttle ASA to a “buy” rating in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Norwegian Air Shuttle ASA presently has a consensus rating of “Moderate Buy”.

Norwegian Air Shuttle ASA Company Profile

Norwegian Air Shuttle ASA (OTCMKTS:NWARF) is a low-cost airline headquartered near Oslo, Norway. Established in 1993 as an air taxi and charter operator, the company transitioned to a budget carrier model in the early 2000s. Today, Norwegian Air Shuttle is one of the largest airlines in the Nordic region, offering scheduled passenger services that compete on price and efficiency with legacy carriers across Europe.

The airline’s core business centers on short-haul and medium-haul flights, operating a homogeneous fleet of Boeing 737 aircraft designed to optimize turnaround times and minimize operating costs.