Is PRSU's Q1 2025 forecast optimistic?

**Pursuit Attractions and Hospitality's (PRSU) Q1 2025 forecast appears to be cautiously optimistic.** Here's an analysis based on the available data and market sentiment: 1. **Revenue Projection**: The estimated revenue for Q1 2025 is $39.9 million. This is a key metric to watch, as it indicates the company's expected performance for the period. 2. **Comparative Context**: Pursuit Attractions and Hospitality reported strong results for 2024, with full-year revenue of $366.5 million, an increase of 4.6% year-over-year. This sets a positive tone for the company's performance outlook, suggesting that the Q1 2025 forecast is based on a solid foundation. 3. **Market Sentiment**: The company's strategic moves, such as the sale of its GES business and the acquisition of new attractions, have positioned Pursuit for growth. The expectation of low-double-digit revenue growth in 2025 compared to 2024 levels indicates a forward-looking optimism. 4. **Financial Guidance**: Pursuit anticipates adjusted EBITDA of $98 million to $108 million in 2025, which represents substantial growth of $21 million to $31 million versus 2024. This guidance suggests confidence in the company's ability to generate profitability and cash flow. In conclusion, while the Q1 2025 forecast may not be overly aggressive given the company's recent performance and strategic initiatives, it does reflect a positive outlook on the company's continued growth and operational efficiency.