Lindblad Expeditions (LIND) to Release Quarterly Earnings on Tuesday

Lindblad Expeditions (NASDAQ:LIND) will announce its earnings results before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Lindblad Expeditions has set its FY 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Lindblad Expeditions (NASDAQ:LIND) last released its quarterly earnings results on Wednesday, February 28th. The company reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.23). The firm had revenue of $125.36 million for the quarter, compared to analyst estimates of $127.70 million. On average, analysts expect Lindblad Expeditions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lindblad Expeditions Price Performance

LIND stock opened at $7.29 on Friday. The company’s 50 day simple moving average is $8.44 and its 200-day simple moving average is $8.48. The firm has a market capitalization of $389.50 million, a PE ratio of -7.76 and a beta of 2.84. Lindblad Expeditions has a 12 month low of $5.47 and a 12 month high of $12.13.

Insider Buying and Selling

In other news, Director Alex P. Schultz bought 33,016 shares of the firm’s stock in a transaction that occurred on Friday, April 19th. The shares were purchased at an average price of $7.47 per share, for a total transaction of $246,629.52. Following the completion of the transaction, the director now owns 126,400 shares in the company, valued at $944,208. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 34.80% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently commented on LIND shares. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Lindblad Expeditions from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Tuesday, April 2nd. StockNews.com lowered shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Thursday, April 4th.

Lindblad Expeditions Company Profile

Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.