Pursuit Attractions and Hospitality (NYSE:PRSU) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Pursuit Attractions and Hospitality (NYSE:PRSU) issued its quarterly earnings results on Wednesday. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01, FiscalAI reports. The business had revenue of $133.49 million for the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.83% and a net margin of 7.94%.

Here are the key takeaways from Pursuit Attractions and Hospitality’s conference call:

• Record second-quarter results: Revenue increased 14% to $133.5 million, adjusted EBITDA rose to $32.7 million, and adjusted net income grew to $14 million. Strong Tabacón performance and lodging growth offset weather-related weakness in attractions.
• Pursuit raised its 2026 adjusted EBITDA guidance by $5 million to $128 million-$138 million, implying 14% year-over-year growth at the midpoint. The increase includes contributions from Eagle Wing Tours and FlyOver operations before its sale, partly offset by foreign-exchange headwinds.
• The company completed the sale of FlyOver and acquired Eagle Wing Tours for approximately 6.5 times adjusted EBITDA, strengthening its focus on attractions and adding a whale-watching business in Victoria, British Columbia. Pro forma net leverage is approximately 1.0 times, with about $220 million of liquidity.
• Tabacón has outperformed expectations during its first year, driving more than 20% EBITDA growth and reducing its effective purchase multiple to nearly nine times. Pursuit plans three premium villas and is evaluating additional expansion opportunities at the 570-acre Costa Rican property.
• Management cited strong lodging booking pace, ADR, and demand indicators in Canada and the U.S., while noting that weather and wildfire smoke pressured attraction visitation and reduced quarterly margin flow-through. Several major organic projects are multi-year efforts, creating some timing variability and back-end weighting to the Vision 2030 growth plan.

Pursuit Attractions and Hospitality Trading Down 2.7%

PRSU stock traded down $1.28 during trading on Friday, reaching $46.38. The company had a trading volume of 108,252 shares, compared to its average volume of 249,883. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.54 and a quick ratio of 1.45. Pursuit Attractions and Hospitality has a 52 week low of $32.03 and a 52 week high of $56.51. The business has a 50 day moving average of $50.91 and a 200 day moving average of $42.86. The company has a market cap of $1.27 billion, a P/E ratio of 34.85, a PEG ratio of 2.17 and a beta of 1.37.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd grew its stake in shares of Pursuit Attractions and Hospitality by 803.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock worth $28,000 after buying an additional 691 shares during the last quarter. Larson Financial Group LLC boosted its holdings in Pursuit Attractions and Hospitality by 4,831.2% in the third quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock worth $29,000 after acquiring an additional 773 shares in the last quarter. State of Wyoming bought a new stake in Pursuit Attractions and Hospitality in the second quarter worth $38,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Pursuit Attractions and Hospitality in the fourth quarter worth $55,000. Finally, CIBC Private Wealth Group LLC grew its stake in shares of Pursuit Attractions and Hospitality by 737.3% in the third quarter. CIBC Private Wealth Group LLC now owns 1,884 shares of the company’s stock worth $68,000 after acquiring an additional 1,659 shares during the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PRSU. Zacks Research cut shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Oppenheimer restated an “outperform” rating and issued a $50.00 target price (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research note on Monday, May 11th. Finally, Weiss Ratings upgraded Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Pursuit Attractions and Hospitality has an average rating of “Moderate Buy” and a consensus price target of $47.00.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality Inc (NYSE: PRSU) is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.

In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.