Gaylord Entertainment's 4th Qtr Loss Widens To $32.8 Million (GET)

Nashville, Tennessee-based Gaylord Entertainment Company GET released its financial results on Tuesday morning. Gaylord Entertainment Company reported that its 4th quarter net loss widened to $32.8 million, or 69 cents per share, from a net loss of $0.6 million, or 1 cent per share, a year earlier. The company's loss from continuing operations came in at 68 cents per share. Gaylord Entertainment Company reported revenue of $213.33 million, down 13.5% from $246.59 million a year earlier. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for a loss of 37 cents per share, on revenue of $205.35 million. Gaylord Entertainment Company (GET) closed the previous trading day at $36.06 per share. Analysts covering the company's stock give it a consensus price target of $41.38 per share. Gaylord Entertainment Company is a leading hospitality and entertainment company that owns and operates Gaylord Hotels, its network of upscale, meetings-focused resorts and the Grand Ole Opry, the weekly showcase of country music's finest performers for 85 consecutive years. Read more from Benzinga's Company news.