earnings
confidence high
sentiment positive
materiality 0.80
Ryman Hospitality Q2: record net income $104.7M, raises 2024 outlook
Ryman Hospitality Properties, Inc.
2024-Q2 EPS reported
$2.31
revenue$1,141,635,000
- Record Q2 net income $104.7M ($1.65 diluted EPS); revenue up 21.5% YoY to $613.3M.
- Adjusted EBITDAre record $233.2M (+33.5% YoY); booked 781K room nights at record ADR $284 (+7.3%).
- Refinanced OEG term loan B ($300M) and revolver ($80M), reducing interest spread and extending maturity.
- Raised FY2024 guidance for net income, EBITDAre, AFFO; lowered same-store RevPAR growth outlook.