Key Highlights

  • AMC Entertainment Holdings (NYSE:AMC) posted net Earnings of USD 109.3 million, or USD 0.12 per share, versus a USD 298.2 million loss (USD 0.58), as attendance climbed to 74.9 million.
  • Expedia Group (NASDAQ:EXPE) lifted its 2026 outlook after adjusted EPS grew 24% to USD 9.39, even though free Cash Flow came in at negative USD 1,399 million.
  • Allegiant Travel (NASDAQ:ALGT) cut its adjusted loss to USD 0.03 a share from USD 2.09, while Revenue rose 71.1% to USD 961.6 million with Sun Country included.
  • Pursuit Attractions and Hospitality (NYSE:PRSU) earned USD 2.95 per diluted share even as reported visitors fell 14.1%, or only 2.4% on a same-store basis.

AMC Entertainment Holdings (NYSE:AMC): Attendance Lifts a Loss Into Profit

AMC Entertainment Holdings (NYSE:AMC) submitted its third quarter 10-Q on November 4, 2026. The theatre chain operated 840 theatres with 9,472 screens across 11 countries. Total revenues increased to USD 1.71 billion from USD 1.30 billion, and attendance rose to 74.9 million from 58.4 million, roughly 28% higher (calculated). Operating Income reached USD 248.7 million versus USD 35.8 million, while Adjusted EBITDA, a non-GAAP measure, jumped to USD 347.5 million from USD 122.5 million. Last year's quarter carried USD 194.8 million of other expense, which accounts for part of the turnaround (calculated from reported lines). The nine-month result remains a net loss of USD 19.2 million. Interest on corporate borrowings came to USD 110.3 million, and diluted weighted shares of 896.6 million compared with 513.0 million, so per-share figures carry heavy dilution. Over nine months the company brought in USD 333.6 million through Equity issuances and USD 416.5 million through Odeon term loans due 2031. It cautions that without sustained positive Operating Cash Flow it may need further liquidity, and the extract provided no guidance. Cash and cash equivalents stood at USD 751.9 million on September 30, 2026.

Expedia Group (NASDAQ:EXPE): Outlook Raised on USD 9.39 Adjusted EPS

Expedia Group (NASDAQ:EXPE) reported third quarter results on November 4, 2026. Adjusted EPS grew 24% to USD 9.39 and GAAP diluted EPS rose 15% to USD 8.42. Revenue reached USD 4,938 million, a 12% gain, with business-to-business revenue up 23% to USD 1,708 million and business-to-consumer revenue up 6% to USD 3,065 million. Adjusted EBITDA climbed 17% to USD 1,689 million, a 34.2% margin. Diluted shares dropped to 122.3 million from 131.0 million, which magnified per-share growth. Gross bookings guidance for 2026 now sits at USD 131.4 billion to USD 131.9 billion, and revenue guidance at USD 16.37 billion to USD 16.43 billion, while fourth quarter ranges point to revenue growth of 4.0% to 5.7%. Operating Activities consumed USD 1,157 million compared with USD 497 million a year earlier, and the material gives no reason for the swing. Booked air tickets fell 6%. The company bought back about 2 million shares for USD 576 million and declared a Dividend of USD 0.48 a share, payable December 10, 2026.

Allegiant Travel (NASDAQ:ALGT): Adjusted Loss Shrinks After the Sun Country Deal

Allegiant Travel (NASDAQ:ALGT) released third quarter 2026 results on November 4, 2026. The GAAP loss was USD 0.56 per diluted share against USD 2.41, while the adjusted loss narrowed to USD 0.03 from USD 2.09, excluding special charges of USD 19.1 million. Total Operating Revenue rose 71.1% to USD 961.6 million, but Sun Country is consolidated only from its May 13, 2026 closing, so year-on-year comparisons are not like for like. On a pro forma basis, which assumes the Acquisition and the Sunseeker Resort sale took place on January 1, 2025, TRASM rose 28.3% to 14.18 cents on 5.7% less capacity. Adjusted operating income was USD 29.8 million and adjusted EBITDA USD 110.9 million, even with a pro forma fuel cost per gallon increase of 55.5%. Cash used in operations totaled USD 211.0 million, including a USD 267.0 million pilot retention bonus. For the fourth quarter the company guides to an adjusted operating Margin of 6.0% to 7.0% and adjusted EPS of USD 1.00 to USD 1.50, assuming fuel at USD 4.75 a gallon. Full-year adjusted EPS guidance stays above USD 6.00, Liquidity is USD 1.1 billion, net Debt is USD 2.1 billion, and an Investor Day is scheduled for December 7, 2026.

Pursuit Attractions and Hospitality (NYSE:PRSU): Visitor Count Falls on a Divestiture

Pursuit Attractions and Hospitality (NYSE:PRSU) filed its Quarterly Report for the period ended September 30, 2026 on November 4, 2026. The Business runs attractions and lodges in national parks and other destinations across the United States, Canada, Iceland and Costa Rica. Revenue rose 4.4% to USD 251.5 million, with hospitality up 5.7% to USD 111.8 million and attractions up 1.5% to USD 130.8 million. Reported visitors fell 14.1% to 1.70 million, largely because the Flyover Attractions were sold for about USD 75.0 million in cash on July 31, 2026, while same-store visitors dipped 2.4% and effective ticket prices rose 9.1%. Same-store RevPAR climbed 9.1% to USD 308.09 at 92.3% occupancy. Net Income attributable reached USD 82.8 million, and nine-month diluted EPS was USD 2.61 versus USD 1.70. The company is seasonal, earning 79% of 2025 revenue in the second and third quarters, and weather has trimmed visitor numbers. It also acquired Eagle Wing Tours for CAD 23.9 million. Unrestricted cash was USD 64.3 million, no shares were repurchased in the quarter, and the filing offers no guidance.

Where Things Stand

Stronger attendance and spending lifted AMC Entertainment Holdings (NYSE:AMC) into profit, and last year's quarter carried a large other expense that flatters the comparison. The company still reports a nine-month loss, heavy interest costs and a far larger share count. Expedia Group (NASDAQ:EXPE) raised its guidance but burned cash in the quarter. Allegiant Travel (NASDAQ:ALGT) carries the largest fuel and integration exposure. Pursuit Attractions and Hospitality (NYSE:PRSU) leaned on pricing and lodge demand. No filing describes a share price reaction. Next markers are the holiday release calendar, Expedia's fourth quarter report, Allegiant's December 7 Investor Day and Pursuit's full-year result.