Attractions and hospitality operator Pursuit's Q3 revenue beats expectations

Reuters
Nov 06, 2025
Attractions and hospitality operator Pursuit's Q3 revenue beats expectations

Overview

  • Pursuit Q3 2025 revenue grows 32.2% yr/yr, beating analyst expectations

  • Adjusted EBITDA for Q3 2025 beats consensus, driven by strong operating leverage

  • Company raises full-year 2025 adjusted EBITDA guidance by $6 mln at midpoint

Outlook

  • Pursuit raises full-year 2025 adjusted EBITDA guidance to $116 mln-$122 mln

  • Company plans $38 mln-$43 mln in organic growth capex for 2025

  • Pursuit targets $250 mln in organic growth investments from 2025 to 2030

Result Drivers

  • CANADIAN DEMAND - Strong demand across Canadian operations contributed to revenue growth

  • JASPER RECOVERY - Revenue growth driven by recovery of Jasper properties that were temporarily closed

  • EXPERIENTIAL TRAVEL - Global trends towards experiential travel in iconic locations supported growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$241 mln

$225 mln (4 Analysts)

Q3 Adjusted EPS

Beat

$2.65

$2.43 (4 Analysts)

Q3 EPS

$2.60

Q3 Net Income

$73.90 mln

Q3 Adjusted EBITDA

Beat

$117.40 mln

$111.40 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 $42.50, about 19.1% above its November 4 closing price of $34.39

  • The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release: ID:nBw1Ks9j3a

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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.)

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