Ryman Hospitality Properties (REIT) (RHP) Releases Earnings Results, Misses Expectations By $-0.10 EPS

Ryman Hospitality Properties (REIT) (RHP) reported quarterly earnings results on Tuesday, May-3-2016. The company reported $1.10 earnings per share for the quarter, missing the analyst consensus estimate by $-0.10. Analysts had a consensus of $1.20. The company posted revenue of $261.50 million in the period, compared to analysts expectations of $263.49 million. The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 EPS.

Many Wall Street Analysts have commented on Ryman Hospitality Properties (REIT). Shares were Reiterated by Deutsche Bank on Feb 29, 2016 to “Buy” and Lowered the Price Target to $ 61 from a previous price target of $62 .

Ryman Hospitality Properties (REIT) opened for trading at $51.65 and hit $52.1 on the upside on Monday, eventually ending the session at $51.54, with a gain of 0.02% or 0.01 points. The heightened volatility saw the trading volume jump to 1,77,578 shares. Company has a market cap of $2,633 M.

In a different news, on Apr 18, 2016, Colin V Reed (CEO) purchased 7,400 shares at $52.53 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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