LIND Earnings Prediction
The chart below shows how LIND performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LIND sees a +0.39% change in stock price 10 days leading up to the earnings, and a +2.02% change 10 days following the report. On the earnings day itself, the stock moves by +2.70%. This data can give you a slight idea of what to expect for the next quarter's release.
LIND Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
206.00M
17.06%
50.92%
Gross Margin
43.10%
8.54%
33.02%
Operating Margin
14.83%
27.52%
-346.76%
Net Margin
12.23%
154.26%
-169.57%
EPS
0.34
277.78%
-170.83%
No Data Available
LIND Earnings Analysis
Lindblad Expeditions Holdings Inc. Common Stock Corporation (LIND.O) Earnings Conference Call
Positive
Record Revenue Increase: 1. Record Revenue Growth: Total revenue for Q3 2024 reached $206 million, marking a $30 million increase or 17% growth compared to Q3 2023.
Booking Growth Surge: 2. Significant Increase in Bookings: Bookings for future travel in the Lindblad segment increased by 26% year-over-year, while the Land Experiences segment saw a 20% increase in bookings compared to the same period in 2023.
Adjusted EBITDA Surge: 3. Strong Adjusted EBITDA Performance: Adjusted EBITDA for Q3 2024 was $45.8 million, reflecting a 35% year-over-year increase, driven by a 30% increase in the Lindblad segment and a 42% increase in the Land Experiences segment.
Net Yield Improvement: 4. Improved Net Yield: The net yield per available guest night increased by 9% to $1,205, demonstrating effective pricing strategies despite competitive discounting in the market.
Strong Cash Flow: 5. Robust Cash Position: Total cash as of September 30, 2024, was $224.6 million, up from $187.3 million at the end of 2023, reflecting strong cash flow from operations due to increased bookings.
Negative
Rising Operating Expenses: 1. Increased Operating Expenses: Operating expenses before depreciation and amortization rose by $18.8 million, or 13%, compared to the previous year, indicating rising costs that could impact profitability.
Increased Marketing Expenses: 2. Higher Marketing Spend: Sales and marketing costs surged by $5.6 million, or 29%, primarily due to increased royalties associated with the expanded National Geographic agreement and additional marketing efforts, which may strain future budgets.
Administrative Cost Surge: 3. General and Administrative Cost Increase: General and administrative costs, excluding stock-based compensation, increased by $3.6 million, or 13.5%, primarily due to higher payroll costs, which could affect overall financial health.
Limited Acquisition Impact: 4. Minimal Contribution from Acquisitions: The acquisition of Thomson Safaris is expected to have a minimal contribution in 2024 due to planned investments, suggesting that immediate returns on investment may be limited.
Seasonal Revenue Impact: 5. Seasonal Revenue Fluctuations: The fourth quarter is anticipated to be impacted by less available guest nights due to heavy dry dock and transit time, which could lead to lower revenue compared to the peak third quarter.
LIND FAQs
How does LIND typically perform around its earnings report dates?
Is Lindblad Expeditions Holdings, Inc. (LIND) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
LIND Earning Call Sentiment
Lindblad Expeditions Holdings, Inc. (LIND) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
LIND.O
-3.05%Positive
The company showed strong financial performance with a 17% revenue increase YoY and a 35% rise in adjusted EBITDA. The strategic partnership with National Geographic and expansion plans in the Galapagos are positive indicators. Despite higher costs, the company maintains strong bookings and is optimistic about future growth. The lack of a share repurchase program is a minor negative. The Q&A showed confidence in meeting guidance, but some concerns about unclear management responses. Overall, the positive aspects outweigh the negatives, suggesting a stock price increase of 2% to 8%.