Ryman Hospitality Properties, Inc. Reports First Quarter 2019 Results
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Ryman Hospitality Properties (RHP) Tops Q1 EPS by 10c, Revenues Beat; Raises FY19 EPS Guidance
May 7, 2019 8:34 AM EDTRyman Hospitality Properties (NYSE: RHP) reported Q1 EPS of $0.57, $0.10 better than the analyst estimate of $0.47. Revenue for the quarter came in at $370.78 million versus the consensus estimate of $363.77 million.
First Quarter 2019 Results (as compared to First Quarter 2018):
Same-Store RevPAR increased 5.4% and Same-Store Total RevPAR increased 6.4%Consolidated Net Income available to Common Shareholders Increased 7.6% to $29.4 MillionConsolidated Adjusted EBITDAre Increased 40.5% to $114.9 Million Funds From Operations Available to Common Shareholders Increased 30.7% to $73.7 Million; Adjusted Funds From Operations Available to Common Shareholders Increased 27.7% to $77.8 MillionSame-Store Gross Room Night Bookings of 334,179... More