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Ryman Hospitality Properties Q3 2024 Earnings Report

Ryman Hospitality Properties logo
$105.80 +0.77 (+0.73%)
(As of 12/20/2024 05:31 PM ET)

Ryman Hospitality Properties EPS Results

Actual EPS
$0.94
Consensus EPS
$1.83
Beat/Miss
Missed by -$0.89
One Year Ago EPS
$1.73

Ryman Hospitality Properties Revenue Results

Actual Revenue
$549.90 million
Expected Revenue
$545.93 million
Beat/Miss
Beat by +$3.97 million
YoY Revenue Growth
+4.00%

Ryman Hospitality Properties Announcement Details

Quarter
Q3 2024
Time
After Market Closes
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Ryman Hospitality Properties Earnings Headlines

Ryman Hospitality Properties Becomes Oversold
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J.P. Morgan downgrades Ryman (RHP) to a Sell
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About Ryman Hospitality Properties

Ryman Hospitality Properties (NYSE:RHP) (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company's holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space. The Company also owns the JW Marriott San Antonio Hill Country Resort & Spa as well as two ancillary hotels adjacent to our Gaylord Hotels properties. The Company's hotel portfolio is managed by Marriott International and includes a combined total of 11,414 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. RHP also owns a 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning a growing collection of iconic and emerging country music brands, including the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, Nashville-area attractions, and Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at the Moody Theater, located in downtown Austin, Texas. RHP operates OEG as its Entertainment segment in a taxable REIT subsidiary, and its results are consolidated in the Company's financial results.

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