Pursuit Attractions and Hospitality (PRSU)
NYSE:PRSU
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.47Last Year’s EPS
0.2Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong top-line momentum, record Q1 revenue (+37%), meaningful attraction and lodging growth (attraction revenue +22%, lodging revenue +78%), improving profitability trends and robust balance sheet metrics (pro forma liquidity ~$250M; net leverage <1x). Management reaffirmed full-year adjusted EBITDA guidance and detailed a sizable multi-year organic and acquisition-led growth pipeline (Vision 2030) while continuing opportunistic buybacks. Key negatives are continued seasonality-driven losses in Q1 (adjusted EBITDA still negative $14.9M), reliance on Tabacon for a material portion of near-term growth, and some execution/timing risks tied to the FlyOver sale and CapEx scheduling. Overall, the positives—strong growth, improving margins, low leverage and clear long-term plan—outweigh the near-term lowlights.Company Guidance
Attractions and Lodging Outperformance
Attraction ticket revenue reached $23.0 million, up 22% YoY; same-store constant-currency effective ticket price (ex-Tabacon) +5% YoY. Lodging room revenue totaled $13.0 million, up 78% YoY; same-store constant-currency RevPAR (ex-Tabacon) +6% YoY.
Tabacon Acquisition Performing Ahead of Expectations
Tabacon contributed approximately $10 million of revenue in the quarter, exceeding expectations, driving both attraction visitation and lodging demand; management expects operational improvements to reduce the effective adjusted EBITDA multiple below 9x by year 3 and sees incremental organic upside on the 570-acre property.
Improving Profitability Trends and Reaffirmed Guidance
Adjusted EBITDA improved by $2.6 million YoY to negative $14.9 million in Q1; adjusted net loss narrowed to $26.2 million from $26.9 million and seasonal net loss improved to $24.9 million from $31.1 million. Company reaffirmed full-year adjusted EBITDA guidance of $123M–$133M (midpoint ~9% increase vs 2025) and expects double-digit revenue and adjusted EBITDA growth at the midpoint excluding FlyOver.
Strong Liquidity and Capital Allocation Flexibility
Pro forma liquidity of ~ $250 million and pro forma net leverage under 1x (well below 2.0–3.5x target). Repurchased $40.4 million of stock at an average $35.40; Board approved an additional $50 million authorization and ~ $60 million remains available for future repurchases.
Clear Multi‑Year Growth Roadmap (Vision 2030)
Vision 2030 targets > $265 million adjusted EBITDA (more than double 2025) and margins above 30%. Company has a $300 million organic growth pipeline (2026–2030) with ~$200 million front‑loaded over next 2 years and expects > $40 million incremental adjusted EBITDA by 2030 at an estimated multiple <7x.
Positive Demand Indicators and Distribution Strength
Lodging pacing for 2026 in Canada and the U.S. is ahead of last year; management highlighted strong travel trade partner demand and solid booking pace (U.S. ~50% of rooms sold; Canada high 40s percent sold).
High‑Return, Experience‑Enhancing CapEx
High-impact projects underway (Jasper SkyTram replacement, Banff Gondola enhancements including Sky Bistro expansion, Denali Backcountry Adventure reintroduction). Renovation results already driving yield uplift (renovated rooms yielding a 22% ADR premium at Forest Park Woodland Wing).
Record Q1 Revenue
Revenue grew 37% year-over-year to a record $51.6 million in Q1 2026, driven by strong performance at Tabacon and continued demand across year-round iconic experiences.
Pursuit Attractions and Hospitality (PRSU) Earnings, Revenues Date & History
PRSU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PRSU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $41.90 | $41.33 | -1.36% |
Feb 25, 2026 | $36.57 | $34.94 | -4.46% |
Nov 05, 2025 | $36.41 | $32.50 | -10.74% |
Aug 06, 2025 | $30.05 | $35.01 | +16.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Pursuit Attractions and Hospitality (PRSU) report earnings?
Pursuit Attractions and Hospitality (PRSU) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Pursuit Attractions and Hospitality (PRSU) earnings time?
Pursuit Attractions and Hospitality (PRSU) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is PRSU EPS forecast?
PRSU EPS forecast for the fiscal quarter 2026 (Q2) is 0.47.