Overview
Pursuit Q2 revenue rises 15.4%, beating analyst expectations, per LSEG data
Adjusted EPS of $0.36 in Q2, beats consensus, per LSEG data
Co raises full-year 2025 guidance, announced $50 mln share repurchase authorization
Outlook
Pursuit raises 2025 full-year adjusted EBITDA guidance to $108 mln-$118 mln
Pursuit's Tabacón acquisition expected to contribute $3 mln to 2025 EBITDA
Company notes economic and geopolitical uncertainties may impact travel
Result Drivers
GUEST DEMAND - Strong guest demand and increased ticket prices drove revenue growth
COST DISCIPLINE - Continued cost discipline contributed to a 49% increase in adjusted EBITDA
TABACÓN ACQUISITION - Acquisition of Tabacón Thermal Resort & Spa expected to enhance long-term growth opportunities
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$116.70 mln
$109.20 mln (4 Analysts)
Q2 Adjusted EPS
Beat
$0.36
$0.25 (4 Analysts)
Q2 EPS
$0.2
Q2 Net Income
$5.60 mln
Q2 Adjusted EBITDA
Beat
$29.70 mln
$23.80 mln (4 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy."
Wall Street's median 12-month price target for Pursuit Attractions and Hospitality Inc is $40.50, about 28.4% above its August 5 closing price of $28.98
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 34 three months ago
Press Release: ID:nBw5Wdlfa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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