** Shares in Norwegian Air Shuttle NAS.OL fall 4% after the budget airline missed Q4 operating result expectations due to higher-than-expected costs
** The airline reports Q4 operating profit at NOK 21 mln ($2.20 million), well below NOK 201 million seen in the company consensus
** Pareto Securities says all cost items were above expectations, with airport and air traffic control (ATC) charges representing the largest deltas
** "The miss does not provide further comfort on the cost outlook," it says
** Year-to-date, the stock has lost 5.7%
($1 = 9.5507 Norwegian crowns)
(Reporting by Jagoda Darlak)
((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))