Ryman Hospitality Properties (REIT) (RHP) Releases Earnings Results, Beats Expectations By $0.02 EPS

Ryman Hospitality Properties (REIT) (RHP) reported quarterly earnings results on Tuesday, Aug-2-2016. The company said it had a profit of $1.59 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $1.57. The company posted revenue of $293.20 million in the period, compared to analysts expectations of $291.57 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 EPS.

Ryman Hospitality Properties (REIT) opened for trading at $56.09 and hit $56.67 on the upside on Friday, eventually ending the session at $56.24, with a gain of 0.82% or 0.46 points. The heightened volatility saw the trading volume jump to 2,92,293 shares. Company has a market cap of $2,865 M.

In a different news, on Jul 15, 2016, Colin V Reed (CEO) purchased 7,377 shares at $53.44 per share price. According to the SEC, on Mar 29, 2016, Michael Isor Roth (director) sold 6,098 shares at $50.46 per share price. On Mar 21, 2016, Michael J Bender (director) sold 6,098 shares at $52.77 per share price, according to the Form-4 filing with the securities and exchange commission.

Ryman Hospitality Properties  (REIT)

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