Ryman Hospitality Properties, Inc. Reports Fourth Quarter and Full Year 2019 Results
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Ryman Hospitality Properties (RHP) Tops Q4 EPS by 2c, Revenues Beat; Offers FY20 EPS Guidance Below Consensus
February 25, 2020 8:34 AM ESTRyman Hospitality Properties (NYSE: RHP) reported Q4 EPS of $0.85, $0.02 better than the analyst estimate of $0.83. Revenue for the quarter came in at $446.29 million versus the consensus estimate of $433.74 million.
Fourth Quarter 2019 Results (as compared to Fourth Quarter 2018):
Same-Store RevPAR increased 4.8% and Same-Store Total RevPAR increased 4.9%Net Income Available to Common Shareholders decreased 71.9% to $44.7 million (2018 results included a one-time, $131.4 million gain related to the acquisition of increased ownership in the Gaylord Rockies joint venture)Consolidated Adjusted EBITDAre increased 21.5% to $132.1 MillionAdjusted Funds from Operations available to common shareholders increased 14.1% to $96.6... More