The Gory Details on Ryman Hospitality Properties's Double Miss

Ryman Hospitality Properties (NYS: RHP) reported earnings on Nov. 6. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Ryman Hospitality Properties missed estimates on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue increased slightly and GAAP loss per share increased.


Gross margins grew, operating margins increased, net margins contracted.

Revenue details
Ryman Hospitality Properties notched revenue of $228.1 million. The nine analysts polled by S&P Capital IQ predicted a top line of $235.8 million on the same basis. GAAP reported sales were 1.3% higher than the prior-year quarter's $225.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at -$0.57. The seven earnings estimates compiled by S&P Capital IQ predicted $0.13 per share. GAAP EPS were -$0.57 for Q3 compared to -$0.03 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 40.9%, 120 basis points better than the prior-year quarter. Operating margin was 7.9%, 30 basis points better than the prior-year quarter. Net margin was -11.7%, 1,100 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $287.4 million. On the bottom line, the average EPS estimate is $0.20.

Next year's average estimate for revenue is $1.02 billion. The average EPS estimate is $0.68.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 66 members out of 133 rating the stock outperform, and 67 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 27 give Ryman Hospitality Properties a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ryman Hospitality Properties is outperform, with an average price target of $42.30.

The article The Gory Details on Ryman Hospitality Properties's Double Miss originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Asset Allocation

Learn the most important step in structuring an investment portfolio.

View Course »

Managing your Portfolio

Keeping your portfolio and financial life fit!

View Course »

Add a Comment

*0 / 3000 Character Maximum