Norwegian Cruise Line Holdings Ltd. NCLH performed very well in the first quarter of 2018, reporting better-than-expected earnings per share and revenues. The company’s earnings (excluding 15 cents from non-recurring items) of 60 cents per share outpaced the Zacks Consensus Estimate of 54 cents. The bottom line also increased 50% on a year-over-year basis. Higher revenues aided the quarterly results.Revenues came in at $1,293.4 million, which surpassed the Zacks Consensus Estimate of $1,286.5 million and improved 12.4% on a year-over-year basis. The upside was aided by a 13.1% increase in passenger ticket revenues to $889.87 million. The same from onboard and other sources was up 10.8% on a year-over-year basis to $403.54 million. Gross yield (total revenue per Capacity Day) increased 1.4% in the quarter on a year-over-year basis. Net yield grew 1% on a constant-currency basis. The measure was up 2% on a reported basis. Fuel price per metric ton decreased marginally to $448 in the reported quarter. Total cruise operating expenses were up 6.7% to $768.11 million, courtesy of the 10.8% increase in Capacity Days.Marketing, general and administrative expenses also increased year over year to $227.1 million. Gross Cruise Costs (sum of cruise operating expenses and marketing, general and administrative cost) per Capacity Day declined marginally in the first quarter due to a reduction in expenses on maintenance and repairs.Notably, Norwegian Cruise Line’s fellow cruise line operator — Royal Caribbean Cruises Ltd. RCL — had also reported had also reported better-than-expected first quarter earnings per share last month.Norwegian Cruise Line Holdings Ltd. Price, Consensus and EPS Surprise Norwegian Cruise Line Holdings Ltd. Price, Consensus and EPS Surprise | Norwegian Cruise Line Holdings Ltd. QuoteOutlookNorwegian Cruise Line expects earnings per share (excluding special items) of approximately $1.02 in the second quarter of 2018. The Zacks Consensus Estimate is pegged at $1.03 per share, slightly above the company’s projection.For 2018, the company anticipates earnings per share (excluding special items) in the band of $4.55-$4.70. The Zacks Consensus Estimate of $4.61 per share lies within the company’s guided range. Fuel price per metric ton, net of hedges, is projected at $470 for the second-quarter and 2018.Zacks Rank & Stocks to ConsiderNorwegian Cruise Line has a Zacks Rank #4 (Sell).Better-ranked stocks in the broader Consumer Discretionary sector are Discovery, Inc. DISCA and Michael Kors Holdings Limited KORS carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Shares of Discovery and Michael Kors have gained 7.3% and 5.5%, respectively, on a year-to-date basis.Looking for Stocks with Skyrocketing Upside?Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Royal Caribbean Cruises Ltd. (RCL): Free Stock Analysis Report Norwegian Cruise Line Holdings Ltd. (NCLH): Free Stock Analysis Report Discovery Communications, Inc. (DISCA): Free Stock Analysis Report Michael Kors Holdings Limited (KORS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research