Ryman Hospitality Properties, Inc. (NYSE:RHP) is expected to report third quarter earnings results, before market open, on Tuesday 3rd November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 1.65 per share.
Looking ahead, the full year loss are expected at $ 6.35 per share on the revenues of $ 506.79 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 6.83 ~ $ 7.17 per share
Click Here For More Historical Outlooks Of Ryman Hospitality Properties, Inc.
Previous Quarter Performance
Ryman Hospitality Properties, Inc. unveiled loss for the second quarter of $ 1.65 per share, from the revenue of $ 14.68 million. The quarterly revenues down 96.40 percent compared with the same quarter last year. Street analysts expected Ryman Hospitality Properties, Inc. to report loss of $ 2.03 per share on revenue of $ 22.90 million for the second quarter. The bottom line results beat street analysts by $ 0.38 or 18.72 percent, at the same time, top line results fell short of analysts by $ 8.22 million or 35.9 percent.
Stock Performance
Shares of Ryman Hospitality Properties, Inc. traded low $ -0.06 or -0.15 percent on Monday, reaching $ 39.79 with volume of 479.20 thousand shares. Ryman Hospitality Properties, Inc. has traded high as $ 40.63 and has cracked $ 39.26 on the downward trend
The closing price of $ 39.79, representing a 200.75 % increase from the 52 week low of $ 13.25 and a 56.48 % decrease over the 52 week high of $ 91.57.
The company has a market capital of $ 2.19 billion and is part of the Real Estate sector and REIT – Hotel & Motel industry.
Recent Analyst recommendations
- On 30th September 2020, maintained by Bank of America at Buy rating, with $ 50.00 target price.
Ryman Hospitality Properties, Inc. (NYSE: RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Companys owned assets include a network of four upscale, meetings-focused resorts totaling 8,114 rooms that are managed by lodging operator Marriott International, Inc.
