Ryman Hospitality Properties, Inc. Reports Second Quarter 2018 Results

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Go back to Ryman Hospitality Properties, Inc. Reports Second Quarter 2018 Results

Ryman Hospitality Properties (RHP) PT Raised to $94 at Deutsche Bank

August 8, 2018 7:27 AM EDT

Deutsche Bank raised its price target on Ryman Hospitality Properties (NYSE: RHP) to $94.00 (from $92.00) while maintaining a Buy rating.

Analyst Chris Woronka commented, "We Continue to View RHP as a Uniquely Positioned Hotel REIT. RHP delivered an expectedly strong 2Q,... More

Ryman Hospitality Properties (RHP) Tops Q2 EPS by 5c, Revenues Beat; Lowers FY18 EPS Outlook

August 7, 2018 8:36 AM EDT

Ryman Hospitality Properties (NYSE: RHP) reported Q2 EPS of $1.08, $0.05 better than the analyst estimate of $1.03. Revenue for the quarter came in at $333.93 million versus the consensus estimate of $329.64 million.

RevPAR Increased 8.0%, Total RevPAR Increased 8.8% Compared to Second Quarter 2017Net Income Increased 17.5% to $55.5 Million in Second Quarter 2018Consolidated Adjusted EBITDA Increased 15.4% to $113.7 Million in Second Quarter 2018Gross Room Nights Bookings for All Future Years increased 18.0%, Achieving Highest Second Quarter Booking Production in Company HistoryUpdates Full Year Guidance

Colin Reed, chairman and chief executive officer of Ryman Hospitality... More