NYSE$RHP

Ryman Hospitality Properties Inc. · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Ryman Hospitality Properties reported third quarter results, showing sequential improvement in revenue and reduced monthly cash burn amidst the extraordinary period.

Ryman Hospitality Properties reported improved Q3 2020 results with sequential revenue growth and reduced monthly cash burn. The company capitalized on drive-to leisure guests and saw the return of smaller groups. The Entertainment segment also showed improved performance.

  • Ryman Hospitality Properties saw sequential improvement in revenue and reduced monthly cash burn.
  • The company capitalized on drive-to leisure guests and targeted families seeking safe travel options.
  • The Entertainment segment delivered improved performance and gained momentum.
  • The company is expanding digital access to its assets to capitalize on the Entertainment business.

Headline financials

Total Revenue

$70.2M

Previous: $380M-81.5%
EPS (adj)

-$1.09

Previous: $1.50-172.7%
RevPAR

$58.44

Previous: $178.41-67.2%
Total RevPAR

$134.80

Previous: $348.52-61.3%
Capital Expenditures

-$125M

Previous: -$110M-13.7%
Free Cash Flow

-$254M

Previous: -$88.7M-186.8%
Net Income

-$130M

Previous: $20.9M-721.7%
Operating Income

-$103M

Previous: $56.5M-282.6%
Gross Profit

-$16.7M

Previous: $154M-110.9%
Cash & Equivalents

$52.2M

Previous: $102M-48.7%
Total Assets

$3.55B

Previous: $3.83B-7.3%
Stock-Based Comp

$2.2M

Previous: $1.9M+15.9%

Revenue & EPS history

Ryman · Revenue · Quarterly

$70.2M

Q3 2020-81.5%vs Q3 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Ryman · $137M total across 2 segments · Q3 2020

  • Hospitality
    $89.8M-72.9%
  • Entertainment
    $46.9M-52.4%

Forward guidance

The Company anticipates fourth quarter 2020 monthly cash burn will be within a range of $22 to $24 million, providing approximately 30 months of liquidity inclusive of the Gaylord Palms expansion.

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 Q3 2020

Historical avgQ3 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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