Lindblad Expeditions (LIND) Set to Announce Earnings on Tuesday

Lindblad Expeditions (NASDAQ:LIND) is scheduled to issue its quarterly earnings data 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.Parties that wish to listen to the company’s conference call can do so using this link.

Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings results on Wednesday, February 28th. The company reported ($0.53) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.23). The firm had revenue of $125.36 million during 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 opened at $7.25 on Tuesday. Lindblad Expeditions has a 12-month low of $5.47 and a 12-month high of $12.13. The business’s fifty day simple moving average is $8.58 and its 200-day simple moving average is $8.49.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. StockNews.com downgraded Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Thursday, April 4th. Deutsche Bank Aktiengesellschaft dropped their price target on Lindblad Expeditions from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Tuesday, April 2nd.

Insiders Place Their Bets

In related news, Director Alex P. Schultz purchased 33,016 shares of Lindblad Expeditions stock in a transaction that occurred on Friday, April 19th. The stock was bought at an average cost 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 34.80% of the company’s stock.

About Lindblad Expeditions

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.