Ryman Hospitality Properties
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Ryman Hospitality Properties missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue increased slightly and GAAP loss per share increased.
Gross margins grew, operating margins increased, net margins contracted.
Ryman Hospitality Properties notched revenue of $228.1 million. The nine analysts polled by S&P Capital IQ predicted a top line of $235.8 million on the same basis. GAAP reported sales were 1.3% higher than the prior-year quarter's $225.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.57. The seven earnings estimates compiled by S&P Capital IQ predicted $0.13 per share. GAAP EPS were -$0.57 for Q3 compared to -$0.03 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 40.9%, 120 basis points better than the prior-year quarter. Operating margin was 7.9%, 30 basis points better than the prior-year quarter. Net margin was -11.7%, 1,100 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $287.4 million. On the bottom line, the average EPS estimate is $0.20.
Next year's average estimate for revenue is $1.02 billion. The average EPS estimate is $0.68.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 66 members out of 133 rating the stock outperform, and 67 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 27 give Ryman Hospitality Properties a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ryman Hospitality Properties is outperform, with an average price target of $42.30.
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