NNN and Ryman Report Q1 Results, Guidance Updated
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Orlando — NNN REIT Inc reported first-quarter funds from operations of $165.7 million, or $0.87 per share, on Thursday, matching Wall Street estimates; the company reported net income of $94 million, or $0.50 per share, and revenue of $240.4 million for the period, and provided full-year FFO guidance of $3.53 to $3.59 per share.
Nashville — Ryman Hospitality Properties reported first-quarter funds from operations of $156.1 million, or $2.32 per share, this week, topping analyst estimates; the company reported net income of $70.5 million and revenue of $664.6 million, and issued full-year FFO guidance of $8.77 to $9.14 per share. Both firms' results were distributed via AP and Automated Insights using Zacks data, giving investors updated metrics and guidance for portfolio decisions.
More context
Timeline
- 1. Zacks Investment Research publishes analyst estimates ahead of Q1 earnings.
- 2. Companies close the first quarter and finalize Q1 financial statements.
- 3. On Thursday, AP-distributed earnings snapshots report NNN and Ryman Q1 results.
- 4. Automated Insights formats the AP content and syndicates it to regional outlets.
- 5. Both companies publish full-year FFO guidance ranges following Q1 disclosures.
Why it matters
These Q1 results can impact your investments. If you hold shares in NNN REIT Inc or Ryman Hospitality Properties, these earnings reports are key. They help you understand the companies' financial health and future prospects. Check your portfolio and consider the updated guidance.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
