NYSE$RHP

Ryman Hospitality Properties Inc. · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2020.

Ryman Hospitality Properties experienced a challenging first quarter due to the COVID-19 pandemic, which led to the temporary suspension of operations at nearly all of its businesses in March. While January and February results outperformed expectations, the pandemic's economic fallout significantly impacted March, including approximately $14 million of related costs. The company focused on strengthening customer relationships through flexible rebooking policies, securing liquidity, and supporting employees.

  • January and February results outperformed plan before the impact of COVID-19.
  • Temporarily suspended operations at nearly all businesses in March due to the COVID-19 pandemic.
  • Secured approximately 167,000 room nights, representing over $75 million in revenue, through rebooking efforts.
  • Had approximately 742,000 contracted group room nights on the books as of May 1st for the second half of 2020.

Headline financials

Total Revenue

$313M

Previous: $371M-15.6%
EPS (adj)

$0.59

Previous: $1.50-60.7%
Capital Expenditures

-$43.2M

Previous: -$48.9M+11.7%
Free Cash Flow

-$93.9M

Previous: -$26.2M-258.4%
Net Income

-$50.7M

Previous: $22.7M-323.8%
Operating Income

$4.75M

Previous: $54M-91.2%
Gross Profit

$101M

Previous: $144M-29.8%
Cash & Equivalents

$662M

Previous: $94.9M+598.0%
Total Assets

$0.00

Previous: $3.89B-100.0%
Stock-Based Comp

$2.23M

Previous: $2.03M+10.1%

Revenue & EPS history

Ryman · Revenue · Quarterly

$313M

Q1 2020-15.6%vs Q1 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Ryman · $492M total across 2 segments · Q3 2023

  • Hospitality
    $371M+6.0%
  • Entertainment
    $120M+30.6%

Forward guidance

Ryman Hospitality Properties withdrew its earnings guidance for Fiscal Year 2020 on March 8, 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.3%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+3.1%

Avg return

30 days after

55%

35 / 64 earnings

Positive

+7.8%

Q1 2020

Best reaction

-12.4%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%+5.6%+9.5%
Q4 2025-0.7%-4.2%-9.7%
Q3 2025+1.4%+5.7%+3.6%
Q1 2025+6.0%+7.3%+10.2%
Q4 2024-5.0%-6.6%-8.8%
Q3 2024+0.7%+4.6%+9.9%
Q2 2024+0.4%-6.5%+1.0%
Q1 2024-0.6%-0.2%-0.4%
Q4 2023+0.2%-0.9%-3.3%
Q3 2023+2.1%+2.6%+8.9%
Q2 2023-5.3%-4.7%-8.2%
Q1 2023+1.9%+3.7%+8.3%
Q4 2022+3.9%+4.6%-9.5%
Q3 2022-0.0%-4.7%+3.0%
Q2 2022-1.6%-2.7%-7.1%
Q1 2022-0.2%-1.5%+1.6%
Q4 2021+3.4%-1.2%+4.1%
Q3 2021+4.5%+11.3%-13.0%
Q2 2021-2.0%+3.6%+9.1%
Q1 2021-3.3%+0.4%-1.8%
Q4 2020+7.1%+6.3%+4.4%
Q3 2020+1.8%+2.2%+61.0%
Q2 2020+7.5%+16.2%+27.7%
Q1 2020+7.8%-8.1%+45.9%
Q4 2019-11.8%-17.1%-58.2%
Q3 2019+4.3%+4.2%+2.9%
Q2 2019+4.5%+9.7%+12.8%
Q1 2019+2.4%+3.8%-3.9%
Q4 2018-3.8%-1.9%-0.5%
Q3 2018-0.0%-0.6%-1.1%
Q2 2018-0.7%+0.3%+4.5%
Q1 2018+0.2%+1.5%+7.0%
Q4 2017+3.7%+0.3%+6.9%
Q3 2017+0.5%-0.2%+3.7%
Q2 2017-5.3%-5.9%-5.1%
Q1 2017-0.9%+0.4%+1.5%
Q4 2016-2.9%-5.3%-8.3%
Q3 2016+3.0%+1.9%+17.1%
Q2 2016-1.8%-2.2%-6.1%
Q1 2016+0.1%
Q4 2015-1.9%
Q3 2015+3.0%
Q2 2015-8.4%
Q1 2015-1.0%
Q4 2014+5.7%
Q3 2014-0.4%
Q2 2014-2.0%
Q1 2014+1.7%
Q4 2013+0.0%
Q4 2010+0.0%
Q3 2013+7.7%
Q2 2013-4.1%
Q1 2013+0.2%
Q4 2012+2.9%
Q3 2012-2.4%
Q2 2012+4.9%
Q1 2012-0.4%
Q4 2011+2.4%
Q3 2010+4.0%
Q3 2011+4.0%
Q2 2011-12.4%
Q1 2010-1.2%
Q1 2011-1.2%
Q2 2010-1.2%

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