NYSE$RHP

Ryman Hospitality Properties Inc. · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Ryman Hospitality Properties reported financial results for the three months and year ended December 31, 2020, demonstrating resilience and improvements across the portfolio.

Ryman Hospitality Properties reported operational and financial improvements in Q4 2020, with the Hospitality segment delivering a profitable performance due to innovative holiday programming and resort amenities. Despite ongoing challenges from COVID-19, the company is optimistic about a return to more typical business levels later in the year.

  • Hospitality segment delivered a profitable performance.
  • Innovative holiday programming and resort amenities attracted leisure travelers.
  • Operational and financial improvements were seen across the portfolio.
  • Optimistic about a return to more typical business levels later in the year.

Headline financials

Total Revenue

$127M

Previous: $446M-71.7%
EPS (adj)

-$0.56

Previous: $1.84-130.4%
Net Income

-$92.1M

Previous: $36M-355.9%
Operating Income

-$64.9M

Previous: $73.9M-187.8%
Gross Profit

-$4.56M

Previous: $136M-103.4%
Cash & Equivalents

$56.7M

Previous: $362M-84.4%
Total Assets

$3.61B

Previous: $4.02B-10.2%
Stock-Based Comp

$2.11M

Previous: $1.97M+7.0%

Revenue & EPS history

Ryman · Revenue · Quarterly

$127M

Q4 2020-71.7%vs Q4 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Ryman · $232M total across 2 segments · Q4 2020

  • Hospitality
    $207M-38.7%
  • Entertainment
    $25M-75.4%

Forward guidance

Ryman Hospitality Properties anticipates business returning to typical levels later in the year, driven by a strong desire to resume travel and in-person meetings as vaccines become widely available.

Tailwinds

  • Strong desire to resume travel and in-person meetings.
  • Meeting planner research indicates positive booking trends.
  • Vaccine distribution expected to improve business levels.
  • Employees are committed and ready for recovery.
  • Circle network joint venture saw growth.

Headwinds

  • COVID-19 continues to present a significant challenge.
  • Ongoing capacity constraints.
  • Uncertainty regarding the pace of the national vaccine program.
  • Dependence on local health metrics for business recovery.
  • Suspension of regular quarterly dividend payments.

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 Q4 2020

Historical avgQ4 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro