Ryman Hospitality Properties, Inc. (NYSE:RHP) is reporting second quarter financial results on Tuesday 4th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, RHP is expected to report 2Q20 loss of $ 2.03 per share from revenue of $ 22.90 million.
For the full year, analysts anticipate top line of $ 672.08 million, while looking forward to loss of $ 5.86 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 6.83 ~ $ 7.17 per share
Click Here For More Historical Outlooks Of Ryman Hospitality Properties, Inc.
Previous Quarter Performance
Ryman Hospitality Properties, Inc. unveiled income for the first quarter of $ 0.59 per share, from the revenue of $ 313.03 million. The quarterly earnings elevated 3.51 percent while revenues declined 15.58 percent compared with the same quarter last year.
Street analysts expected Ryman Hospitality Properties, Inc. to report income of $ 0.28 per share on revenue of $ 305.33 million for the first quarter. The bottom line results beat street analysts by $ 0.31 or 110.71 percent, at the same time, top line results outshined analysts by $ 7.70 million or 2.52 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Ryman Hospitality Properties, Inc.
Stock Performance
According to the previous trading day, closing price of RHP was $ 30.63, representing a 131.17 % increase from the 52 week low of $ 13.25 and a 66.55 % decrease over the 52 week high of $ 91.57.
The company has a market capital of $ 1.68 billion and is part of the Real Estate sector and REIT – Hotel & Motel industry.
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Recent Analyst recommendations
- On 14th July 2020, maintained by Raymond James at Outperform rating, with $ 45.00 target price.
- On 8th June 2020, maintained by Raymond James at Outperform rating, with $ 48.00 target price.
Conference Call
Ryman Hospitality Properties, Inc. will be hosting a conference call at 10:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.rymanhp.com
Ryman Hospitality Properties, Inc. (NYSE: RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Companys owned assets include a network of four upscale, meetings-focused resorts totaling 8,114 rooms that are managed by lodging operator Marriott International, Inc.
