Ryman Hospitality Props Q2 Adj FFO Per Share $2.06 Up From $2.05 YoY, Sales $504.84M Miss $511.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ryman Hospitality Props (NYSE:RHP) reported Q2 adjusted FFO per share of $2.06, a 0.49% increase YoY. However, the company's quarterly sales of $504.84M missed the analyst consensus estimate of $511.33M by 1.27%, despite being a 7.37% increase over sales from the same period last year.
August 04, 2023 | 2:26 pm
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Ryman Hospitality Props reported a slight increase in Q2 adjusted FFO per share but missed sales estimates. This mixed result could lead to uncertainty in the market.
Ryman Hospitality Props reported a slight increase in Q2 adjusted FFO per share, which is a positive sign. However, the company missed sales estimates, which could be a concern for investors. The mixed result could lead to uncertainty in the market, making it difficult to predict the short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100