earnings
confidence high
sentiment positive
materiality 0.70
Ryman Hospitality Q1 EPS $0.67, revenue $528.3M (+7.4%); raises full-year guidance
Ryman Hospitality Properties, Inc.
2024-Q1 EPS reported
$0.67
revenue$528,345,000
- Net income $42.8M (diluted EPS $0.67) vs $1.02 in Q1 2023; revenue $528.3M, up 7.4% YoY.
- Operating income $96.4M, down 8.8% YoY; consolidated Adjusted EBITDAre $161.1M, up 2.1%.
- Booked 287K future room nights at record ADR $265 (+5.6% over Q1 2023 ADR).
- Prepaid Rockies Term Loan, repaid $200M Term Loan B, repriced Term Loan B to 225 bps SOFR margin.
- Raised full-year consolidated net income and adjusted FFO guidance; hospitality segment revenue $461.5M.