What Happened?
Shares of cruise and exploration company Lindblad Expeditions (NASDAQ: LIND) jumped 5.9% in the afternoon session after the company reported strong first quarter 2025 results, which significantly beat analysts' sales, operating profits, and earnings estimates. The key highlight for the quarter was the 25% jump in yield per guest night, reaching an all-time high, driven by higher ticket prices and a sharp rise in occupancy to 89%. This pricing strength and fuller ships lifted tour revenues by 17% year-on-year, with both the Lindblad and Land Experiences segments contributing meaningfully to the top-line growth. Zooming out, we think this was a solid print.
Is now the time to buy Lindblad Expeditions? Access our full analysis report here, it’s free.
What The Market Is Telling Us
Lindblad Expeditions’s shares are extremely volatile and have had 39 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The biggest move we wrote about over the last year was 6 months ago when the stock gained 25.1% on the news that 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 experiences.
On the other hand, its full-year revenue guidance was underwhelming, although this was offset by strong EBITDA guidance ahead of expectations. Overall, we think this was a solid quarter with some key areas of upside.
Lindblad Expeditions is down 14.3% since the beginning of the year, and at $9.70 per share, it is trading 30% below its 52-week high of $13.86 from November 2024. Investors who bought $1,000 worth of Lindblad Expeditions’s shares 5 years ago would now be looking at an investment worth $1,628.
Do you want to know what moves the business you care about? Add them to your StockStory watchlist and every time a stock significantly moves, we provide you with a timely explanation straight to your inbox. It’s free and will only take you a second.
