Ryman Hospitality Properties, Inc. Reports First Quarter 2020 Results
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Ryman Hospitality Properties (RHP) Reports 1Q Revenues Beat
May 7, 2020 8:03 AM EDTRyman Hospitality Properties (NYSE: RHP) reported Q1 EPS of $0.85, $0.57 better than the analyst estimate of $0.28. Revenue for the quarter came in at $313.03 million versus the consensus estimate of $305.33 million.
First Quarter 2020 Results (as compared to First Quarter 2019):
Hospitality RevPAR decreased 20.6% and Hospitality Total RevPAR decreased 16.3%Consolidated Net Income Available to Common Shareholders declined 258.2% to a loss of $46.5 million including approximately $33 million in non-cash chargesConsolidated Adjusted EBITDAre decreased 41.8% to $66.9 millionAdjusted Funds From Operations Available to Common Shareholders decreased 58.3% to $32.4 millionConsolidated Net Income Available to Common Shareholders, Adjusted EBITDAre and... More