NYSE$RHP

Ryman Hospitality Properties Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported better than expected performance during the first quarter, driven by improvement in group travel and strength in leisure demand.

Ryman Hospitality Properties reported better than expected first quarter results, overcoming initial headwinds from the Omicron variant with strong group travel, leisure demand, and ADR growth. The company is providing Q2 and full year 2022 outlook for Net Income and consolidated Adjusted EBITDAre.

  • Businesses delivered better than expected performance during the first quarter.
  • Initial headwinds from the Omicron variant were overcome by a rapid month-over-month improvement in group travel and continued strength in leisure demand.
  • Q1 2022 ADR surpassed Q1 2019 ADR by 14.0 percent.
  • Hospitality Adjusted EBITDAre for March exceeded comparable results for the pre-pandemic period of March 2019.

Headline financials

Total Revenue

$299M

Previous: $84.2M+255.4%
EPS (adj)

$0.63

Previous: -$0.91+169.2%
Capital Expenditures

-$9.72M

Previous: -$25.8M+62.4%
Free Cash Flow

-$34.5M

Previous: -$143M+75.9%
Net Income

-$24.8M

Previous: -$117M+78.8%
Operating Income

$7.87M

Previous: -$79.6M+109.9%
Gross Profit

$106M

Previous: $59K+179498.3%
Cash & Equivalents

$128M

Previous: $67.1M+91.4%
Total Assets

$3.54B

Previous: $3.88B-8.8%
Stock-Based Comp

$3.79M

Previous: $2.52M+50.1%

Revenue & EPS history

Ryman · Revenue · Quarterly

$299M

Q1 2022+255.4%vs Q1 2021
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

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

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

Forward guidance

The following business performance outlook for second quarter 2022 and full year 2022 is based on current information as of May 2, 2022.

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 2022

Historical avgQ1 2022

+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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