Ryman Hospitality Properties Inc reports results for the quarter ended in March - Earnings Summary

Ryman Hospitality Properties

01/05/2024 23:54

* Ryman Hospitality Properties Inc  RHP.N  reported
quarterly
adjusted earnings of 67 cents​​ per share for the quarter ended
in March, lower than the same quarter last year, when the
company reported EPS of $1.02.  The mean expectation of
four analysts for the quarter was for earnings of 79 cents per
share. Wall Street expected results to range from 54 cents
to $1.20 per share.
    * Revenue rose 7.4% to $528.35 million from a year ago;
analysts
expected $530.86 million. 
    * Ryman Hospitality Properties Inc's reported EPS for the
quarter
was 67 cents​.
    * The company reported quarterly net income of $43.06
million.
    * Ryman Hospitality Properties Inc shares had fallen by 8.8%
this
quarter and lost 4.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for Ryman Hospitality
Properties Inc is $132.50 
This summary was machine generated from LSEG data May 1 at 10:54
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      1.64           1.60           Missed
 Dec. 31 2023      1.97           2.08           Beat
 Sep. 30 2023      1.65           1.73           Beat
 Jun. 30 2023      2.09           2.06           Missed