Cruise and exploration company Lindblad Expeditions (NASDAQ: LIND) will be reporting results this Thursday before the bell. Here’s what to look for.

Lindblad Expeditions beat analysts’ revenue expectations last quarter, reporting revenues of $240.2 million, up 16.6% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Is Lindblad Expeditions a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Lindblad Expeditions’s revenue to grow 12.8% year on year, slowing from the 18.5% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lindblad Expeditions rarely misses Wall Street’s revenue estimates.

Looking at Lindblad Expeditions’s peers in the consumer discretionary - travel and vacation providers segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Frontier posted flat year-on-year revenue, beating analysts’ expectations by 2.3%, and Hilton reported revenues up 10.9%, topping estimates by 3.3%. Frontier traded down 12% following the results while Hilton’s stock price was unchanged.

Read our full analysis of Frontier’s results here and Hilton’s results here.

Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the consumer discretionary - travel and vacation providers stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.3% on average over the last month. Lindblad Expeditions is up 27.8% during the same time and is heading into earnings with an average analyst price target of $17.50 (compared to the current share price of $20.55).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.