Ryman Hospitality Properties (NYSE: RHP) reported Q4 EPS of $3.09, $2.16 better than the analyst estimate of $0.93. Revenue for the quarter came in at $360.57 million versus the consensus estimate of $365.19 million.

1. Consolidated Net Income Increased 120.1% to $159.2 Million (including a one-time gain)
2. Consolidated Adjusted EBITDA Increased 2.3% to $108.7 Million
3. RevPAR increased 0.3% and Total RevPAR declined 0.7%
4. Gross Advanced Bookings of 1.05 million room nights, an increase of 8.8%
5. Closed acquisition of increased ownership in Gaylord Rockies to 61.2% from 35% – now majority owner and managing member – hotel successfully opened in December
6. Successfully opened indoor portion of SoundWaves at Gaylord Opryland in December
7. Declares First Quarter 2019 Dividend of $0.90 Per Share; Intends to Pay $3.60 Per Share Annualized Dividend in 2019, a 5.9% Increase Over Full Year 2018

“The increased size and continued high quality of our asset base over time has enabled us to generate strong investment income and increased net asset value,” said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. “Our ability to increase our dividend payment for more than four straight years sets us strongly apart from our BDC competition and underscores the value of our high quality management team, ample available liquidity, disciplined credit analysis and robust investment sourcing pipeline.”

For earnings history and earnings-related data on Ryman Hospitality Properties (RHP) click here.