Lindblad Expeditions Q2 EPS $(0.48) Misses $(0.32) Estimate, Sales $124.80M Beat $114.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lindblad Expeditions (NASDAQ:LIND) reported Q2 losses of $(0.48) per share, missing the analyst consensus estimate of $(0.32) by 50%. However, the company's quarterly sales of $124.80 million beat the estimate of $114.65 million by 8.85%. This represents a 37.28% increase over sales from the same period last year.
July 27, 2023 | 11:30 am
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Lindblad Expeditions reported a larger than expected Q2 loss but beat sales estimates. This mixed report may lead to uncertain short-term price movement.
Lindblad Expeditions reported a larger than expected loss for Q2, which is negative for the stock. However, the company also reported higher than expected sales, which is positive. These mixed results make the short-term price movement uncertain.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100