Lindblad Expeditions Holdings Inc. - Common Stock (LIND)
12.51
-0.59 (-4.50%)
Lindblad Expeditions Holdings is a leading provider of expedition cruises and adventure travel experiences that emphasize exploration, education, and conservation
The company operates a fleet of small ships that take guests to some of the world's most remote and pristine destinations, offering personalized and immersive experiences led by knowledgeable naturalists and experts. Lindblad's itineraries often feature activities such as wildlife viewing, kayaking, and scuba diving, allowing travelers to connect with unique ecosystems and cultures while fostering a commitment to sustainability and environmental stewardship. Through partnerships with organizations like National Geographic, Lindblad is dedicated to promoting responsible travel practices and enabling guests to engage deeply with the natural world.
Lindblad Expeditions has been on fire lately. In the past six months alone, the company’s stock price has rocketed 81.4%, reaching $13.84 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Let’s dig into the relative performance of Lindblad Expeditions (NASDAQLIND) and its peers as we unravel the now-completed Q3 travel and vacation providers earnings season.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Hilton Grand Vacations (NYSEHGV) and the rest of the travel and vacation providers stocks fared in Q3.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Delta Air Lines (NYSEDAL) and its peers.
Shares of cruise and exploration company Lindblad Expeditions (NASDAQLIND)
jumped 25.1% in the afternoon session after the company reported third-quarter results that blew past analysts' sales and EPS expectations. Revenue was supported by the expansion of fleet and land experiences as the company reiterated its focus on delivering high-quality travel packages.
Cruise and exploration company Lindblad Expeditions (NASDAQLIND) announced better-than-expected revenue in Q3 CY2024, with sales up 17.1% year on year to $206 million. The company expects the full year’s revenue to be around $620 million, close to analysts’ estimates. Its GAAP profit of $0.36 per share was also 96.4% above analysts’ consensus estimates.
Cruise and exploration company Lindblad Expeditions (NASDAQLIND)
will be announcing earnings results tomorrow before market open. Here’s what to look for.
