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/Mis Actual Consensu

s s

Estimate

Q2 Beat $116.70 $109.20

Revenue mln mln (4

Analysts

)

Q2 Beat $0.36 $0.25 (4

Adjusted Analysts

EPS )

Q2 EPS $0.2

Q2 Net $5.60

Income mln

Q2 Beat $29.70 $23.80

Adjusted mln mln (4

EBITDA 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 ( PRSU ) 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:

(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.)