To The Moon

1. $Norwegian Cruise Line(NCLH)$ -12.05%: EPS and revenue beats but outlook fell short 

Norwegian Cruise Line Holdings Ltd. was the second-worst performing stock of the S&P 500 Index after the company issued guidance for the third quarter that missed Wall Street's expectations.

Adjusted earnings per share for the third quarter are now expected to be approximately 70 cents per share, Norwegian said in a press release. Analyst had expected 79 cents per share.

EPS Outlook: 70 cents vs. 79 cents

Adjusted EPS: 30 cents vs.26 cents

Revenue: $2.21 bln vs. $2.16 bln

In comparison, $Carnival(CCL)$ and $Royal Caribbean Cruises(RCL)$ issued positive updates to their outlooks in recent weeks.

Susquehanna Financial downgraded the cruise-line operator to neutral from positive, with analyst Christopher Stathoulopoulos saying he was look for the company to outline a more explicit long-term strategy.

"While we view NCLH's 'soft' long-term plan as strategically sound, absent a more formal or explicit long-term guide (e.g., RCL's Trifecta Plan and/or CCL's SEA Change) and given lingering macro uncertainty, we see better risk/reward in peer RCL.”

2. $Axalta Coating(AXTA)$ plunged 13.39% as it missed earnings and outlook

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems.

Axalta Coating Systems came out with quarterly earnings of $0.35 per share, missing the Consensus Estimate of $0.39 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.26%.

Axalta forecast adjusted earnings per share for the the third quarter; the guidance missed the average analyst estimate.

Adjusted EPS: $0.35 vs. $0.39

EPS outlook: 35c to 40c vs. 42 cents

3. $Pinterest, Inc.(PINS)$ Slips 4.7% as Results Miss High Expectations

Pinterest shares are down 4.7% after the social networking company reported its second-quarter results and provided outlook. Citi said the report failed to meet heightened expectations, although Rosenblatt upgraded the stock.

Adjusted EPS: 21 cents vs.11 cents

Revenue: $708.03 mln vs. $699.41 mln

Pinterest faces several challenges that may impact its outlook. User growth is expected to remain slow, and the company is likely to prioritize B2B partnerships, like the recent one with Amazon, to drive platform activity. However, compared to bigger competitors like Alphabet and Meta, Pinterest has a smaller advertiser base, which is putting pressure on ad pricing, especially in a softer marketing-spending environment.

The company is also facing gross margin pressure due to higher cloud-infrastructure costs, which could impact its top line. Additionally, Pinterest lags behind its larger social-media rivals in terms of original video content, which may limit its ability to compete in that space.