earnings
confidence high
sentiment positive
materiality 0.80
RHP Q2 2023 net income $70.1M, revenue record $504.8M, Adj. EBITDAre $174.7M; revises FY outlook
Ryman Hospitality Properties, Inc.
2023-Q2 EPS reported
$2.17
revenue$996,562,000
- Q2 consolidated net income $70.1M, revenue $504.8M (+7.4% YoY), operating income $122.2M.
- Hospitality segment revenue record $417.7M; booked 650k+ future group room nights at record ADR $265.
- Opry Entertainment Group (OEG) record quarterly revenue, operating income and Adjusted EBITDAre.
- Completed JW Marriott San Antonio Hill Country acquisition on June 30, 2023; FY2023 guidance revised to reflect it.
- Patrick Moore appointed CEO of OEG to oversee growth plan and day-to-day operations.