Lindblad Expeditions Q1 EPS $(0.10) Misses $(0.04) Estimate, Sales $153.61M Beat $149.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lindblad Expeditions (NASDAQ:LIND) reported Q1 earnings with a loss of $(0.10) per share, missing the $(0.04) estimate by 150%, and a 900% decrease from last year's $(0.01) loss. However, their sales of $153.61M exceeded the $149.67M estimate by 2.64%, marking a 7.13% increase from the previous year.
April 30, 2024 | 11:30 am
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Lindblad Expeditions missed EPS estimates but exceeded sales forecasts in Q1, indicating mixed financial health.
The significant miss in EPS could concern investors about profitability, but the sales beat suggests strong demand for Lindblad's offerings. The mixed results may lead to short-term uncertainty in stock price movement.
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