LIND earnings / call / takeaways

LIND earnings call: key takeaways

What LIND said on its earnings call of November 3, 2026: results against expectations, what changed since last quarter, guidance and the questions analysts pressed on.

By Lician·November 3, 2026·AI-generated from the call transcript and Lician data

Lindblad Expeditions reported Q3 2026 revenue of $269.2 million, beating the $264.9 million consensus (16:02)
EPS was not provided, but net income was a record $27 million (16:02)
The company raised full-year guidance for the second time in six weeks. (16:02)

Results vs expectations

Metric	Consensus	Reported	Result
EPS	$0.41	–	–
Revenue	$264.9M	–	–

EPS basis: Provider EPS (EODHD), not yet checked against the SEC

The stock moved -10.6% over the report window (S&P 500 ETF +0.3%). Earnings history

What changed since last quarter

Highlighted strong 2027 and 2028 booking momentum, with net yields expected to increase 6-7%. (16:02)

Guidance

Metric	This call	Previous call
Revenue	Full-year revenue of $870–885 million (21:58)	not captured
EBITDA	Full-year adjusted EBITDA of $142–148 million (21:58)	not captured
Other	Full-year net yield growth of 6–7% (21:58)	not captured

What analysts pressed on

Whether fuel prices will continue to pressure margins despite revenue growth. (29:37)
Concerns about the availability of first-class air capacity for international itineraries in 2027. (31:22)
Questions about potential expansion into hotel operations or other non-experiential travel segments. (32:58)

In their words

We are at the optimal occupancy level, like we noticed, and the revenue booked position is all time high in 27 in the company's history Steven Wisinski (24:12)
We are not per se in a hotel business. We are an experiential travel business (32:58)

Read the full transcript with the AI summary, or listen on the company's official webcast.

Every past call in full and transcript search come with Lician Pro.

Written by AI from the automatic transcript of the company's public webcast and Lician's earnings data. Each sentence cites the passage it comes from, and a sentence with a figure that is not in its sources was removed. Not investment advice.