earnings
confidence high
sentiment positive
materiality 0.80
Ryman Hospitality Q1 net income $61.3M ($1.02/sh); revenue up 64% to $491.7M; raises full-year outlook
Ryman Hospitality Properties, Inc.
2023-Q1 EPS reported
$1.02
revenue$491,719,000
- Net income available to common stockholders $61.3M ($1.02 diluted EPS) vs loss of $0.45 in Q1 2022.
- Hospitality segment revenue record $424.4M; ADR $238 (+3.8% YoY, +18.3% vs Q1 2019).
- Forward bookings: 348,000+ group room nights at ADR $251, +9.1% YoY.
- Dividend raised to $1.00/share for Q2 2023 from $0.75/share for Q1 2023.
- Company raises full-year 2023 consolidated outlook citing strong Q1 performance.