Viad Q2 beats: EPS $0.97 vs $0.33 YoY; raises GES outlook, Jasper wildfire clouds Pursuit

Pursuit Attractions & Hospitality, Inc.

2024-Q2 EPS reported $0.01 revenue$652,035,000

Revenue $378.5M (+18.2% YoY); net income $29.3M vs $11.0M; diluted EPS $0.97 (adj. $0.97).
Consolidated adj. EBITDA $64.3M (+50.1% YoY); GES adj. EBITDA $44.4M (+65.4%).
GES full-year adj. EBITDA guidance raised to $85-95M (+$5M); Pursuit guidance assumes Jasper reopens Sept 3.
Jasper wildfire: Maligne Canyon restaurant lost; other properties intact; park closure through early Sept.
Total liquidity $128.4M; net leverage 2.4x; Q2 capex $17M.

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