Overview
Attractions and hospitality firm's Q4 revenue missed analyst expectations
Full year 2025 revenue grew 23.4% yr/yr, driven by post-wildfire recovery and new experiences
Company to sell Flyover Attractions for $78.4 mln, aligning with strategic focus
Outlook
Pursuit expects 2026 Adjusted EBITDA between $123 mln and $133 mln
Company aims for 2030 Adjusted EBITDA over $265 mln
Pursuit targets 2030 revenue exceeding $845 mln
Result Drivers
POST-WILDFIRE RECOVERY - Revenue growth driven by recovery in Jasper properties and new experiences
STRATEGIC FOCUS - Sale of Flyover Attractions aligns with focus on core sightseeing attractions
EXPERIENTIAL TRAVEL DEMAND - Continued consumer demand for travel in iconic destinations supports growth
Company press release: ID:nBw5h1G15a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $57.07 mln | $58.28 mln (4 Analysts) |
Q4 Net Income | -$26.17 mln |
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 $45.00, about 23% above its February 24 closing price of $36.59
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 28 three months ago
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(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.)