Gaylord Entertainment Co. (GET) reported that its fourth-quarter net loss was $600 thousand or $0.01 per share, compared to net income of $8.40 million or $0.20 per share in the same quarter last year.
Loss from continuing operations was $0.6 million or a loss of $0.01 per share, compared to income from continuing operations of $9.4 million or $0.23 per share, in the prior-year quarter.
Consolidated revenue decreased 0.5% to $249.4 million from $250.6 million in the same period last year.
Analysts expect the company to report earnings of $0.09 per share on revenues of $236.09 million for the quarter. Analysts' estimates typically exclude special items.
For the full year 2010, the company is anticipating Gaylord Hotels RevPAR to range from a decline of 2.0% to an increase of 1.0% compared to full year 2009. The company anticipates Gaylord Hotels Total RevPAR to range from a decline of 1.0 percent to an increase of 2.0% compared to the full year 2009.
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