Pursuit Attractions and Hospitality (NYSE:PRSU) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Pursuit Attractions and Hospitality (NYSE:PRSU) issued its quarterly earnings data on Wednesday. The company reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.02, FiscalAI reports. The business had revenue of $251.53 million during the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%.

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

• Positive sentiment: Pursuit reported record third-quarter revenue of $251.5 million, up 4.4% year over year, and Adjusted EBITDA of $125.5 million, up 7%. Excluding Eagle Wing Tours and the divested Flyover business, revenue grew about 6%; same-store attraction ticket revenue rose 6% despite smoke-related weather disruptions.
• Positive sentiment: The company reaffirmed its 2026 Adjusted EBITDA midpoint of $133 million, representing 14% growth, and narrowed its guidance range to $130 million–$136 million. Management said early 2027 bookings are ahead of last year, while noting that formal 2027 guidance will come next quarter.
• Neutral sentiment: Pursuit expects growth in its core business to more than offset the roughly $7 million of 2026 Adjusted EBITDA Flyover contributed before its July sale. It expects a net benefit from organic growth projects in 2027, but the Jasper SkyTram is expected to be offline during construction, with reopening targeted for 2029.
• Positive sentiment: Pursuit ended the quarter with approximately $293 million of liquidity and net leverage below 1x, giving it capacity to pursue organic projects, acquisitions, and share repurchases. Management said its acquisition pipeline remains robust and cited strong performance from Eagle Wing Tours and Tabacón.
• Positive sentiment: Same-store hospitality room revenue increased 7%, supported by higher rates and improved occupancy, and management reported strong September and October demand. The company also expects its new pursuit.com platform, planned to launch later this year, to support direct bookings and cross-selling.

Pursuit Attractions and Hospitality Stock Down 6.2%

Shares of NYSE PRSU traded down $3.52 during mid-day trading on Thursday, reaching $52.98. The company had a trading volume of 247,355 shares, compared to its average volume of 252,711. The firm has a 50 day simple moving average of $51.50 and a two-hundred day simple moving average of $45.27. The company has a current ratio of 1.61, a quick ratio of 1.47 and a debt-to-equity ratio of 0.38. Pursuit Attractions and Hospitality has a 52-week low of $32.03 and a 52-week high of $58.62. The stock has a market cap of $1.44 billion, a P/E ratio of 40.01, a PEG ratio of 2.09 and a beta of 1.46.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on PRSU shares. Zacks Research cut shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Citizens Jmp initiated coverage on shares of Pursuit Attractions and Hospitality in a research note on Friday, September 25th. They set a “market outperform” rating and a $64.00 price objective for the company. Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 16th. Citigroup initiated coverage on Pursuit Attractions and Hospitality in a research note on Friday, September 25th. They set an “outperform” rating for the company. Finally, Oppenheimer increased their price objective on shares of Pursuit Attractions and Hospitality from $58.00 to $65.00 and gave the stock an “outperform” rating in a research report on Thursday. Five equities research 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $58.50.

Institutional Trading of Pursuit Attractions and Hospitality

Large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Pursuit Attractions and Hospitality in the second quarter valued at about $183,218,000. TimesSquare Capital Management LLC purchased a new position in shares of Pursuit Attractions and Hospitality in the second quarter valued at $45,700,000. Bank of America Corp DE acquired a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at about $10,797,000. Bank of New York Mellon Corp purchased a new position in Pursuit Attractions and Hospitality during the 2nd quarter valued at about $9,287,000. Finally, Ancora Advisors LLC acquired a new position in Pursuit Attractions and Hospitality during the second quarter worth about $8,261,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality, Inc (NYSE: PRSU) is a destination travel and leisure company that operates attractions, hotels, restaurants, retail outlets and guided tours. Its offerings are designed to provide visitors with travel experiences in scenic and gateway destinations, including sightseeing, adventure and nature-based activities.

The company’s portfolio includes attractions such as gondola rides, observation experiences, scenic tours and aerial sightseeing attractions, along with lodging and hospitality services.