Pursuit Attractions and Hospitality (NYSE:PRSU) Releases Earnings Results, Beats Estimates By $0.10 EPS

Key Points

• Pursuit Attractions and Hospitality reported $0.36 earnings per share for the quarter, beating analysts' expectations of $0.26 by $0.10.
• The company achieved a net margin of 51.67% and a return on equity of 23.10%, with revenue of $116.74 million, exceeding estimates of $110.30 million.
• Shares of the company traded down 0.3% to $34.90, and recent ratings by analysts include an "outperform" from Oppenheimer and a "buy" with a $38.00 target price from Stifel Nicolaus.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.10, Zacks reports. Pursuit Attractions and Hospitality had a net margin of 51.67% and a return on equity of 23.10%. The business had revenue of $116.74 million during the quarter, compared to analyst estimates of $110.30 million.

Pursuit Attractions and Hospitality Trading Down 0.3%

Shares of Pursuit Attractions and Hospitality stock traded down $0.11 during trading hours on Friday, reaching $34.90. 297,778 shares of the company's stock were exchanged, compared to its average volume of 266,638. The firm has a market cap of $986.13 million, a PE ratio of 3.02, a P/E/G ratio of 1.91 and a beta of 1.91. The business's 50 day moving average is $29.54. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 0.13. Pursuit Attractions and Hospitality has a fifty-two week low of $26.66 and a fifty-two week high of $47.49.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PRSU. Oppenheimer restated an "outperform" rating on shares of Pursuit Attractions and Hospitality in a research report on Friday. Craig Hallum reaffirmed a "buy" rating and issued a $10.00 target price on shares of Pursuit Attractions and Hospitality in a research note on Thursday, May 22nd. Finally, Stifel Nicolaus assumed coverage on shares of Pursuit Attractions and Hospitality in a research note on Thursday, May 29th. They set a "buy" rating and a $38.00 price target for the company.

About Pursuit Attractions and Hospitality

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.

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