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

Pursuit Attractions and Hospitality (NYSE:PRSU) released its earnings results on Wednesday. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.01, FiscalAI reports. Pursuit Attractions and Hospitality had a return on equity of 5.30% and a net margin of 6.19%.The firm had revenue of $133.49 million for the quarter.

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 $1.37 during midday trading on Thursday, reaching $48.73. 148,849 shares of the company’s stock traded hands, compared to its average volume of 248,967. The company has a market capitalization of $1.33 billion, a P/E ratio of 49.22, a PEG ratio of 2.23 and a beta of 1.37. 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 fifty-two week low of $32.03 and a fifty-two week high of $56.51. The business has a 50-day moving average price of $50.86 and a two-hundred day moving average price of $42.76.

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

Hedge funds have recently made changes to their positions in the business. Oppenheimer Asset Management Inc. acquired a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at $293,000. Segall Bryant & Hamill LLC acquired a new position in shares of Pursuit Attractions and Hospitality during the first quarter worth about $4,410,000. Bank of America Corp DE boosted its position in shares of Pursuit Attractions and Hospitality by 7.6% in the first quarter. Bank of America Corp DE now owns 170,322 shares of the company’s stock worth $6,239,000 after buying an additional 12,003 shares during the period. Sei Investments Co. boosted its position in shares of Pursuit Attractions and Hospitality by 28.9% in the first quarter. Sei Investments Co. now owns 207,993 shares of the company’s stock worth $7,619,000 after buying an additional 46,571 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of Pursuit Attractions and Hospitality by 6.3% in the first quarter. PNC Financial Services Group Inc. now owns 14,423 shares of the company’s stock valued at $528,000 after buying an additional 859 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Analyst Ratings Changes

PRSU has been the subject of a number of research analyst reports. Oppenheimer reaffirmed an “outperform” rating and set a $50.00 price objective (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research note on Monday, May 11th. Weiss Ratings upgraded shares of Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Zacks Research lowered shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 9th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.