NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Ryman Hospitality Properties Inc. (RHP) on Monday reported a key measure of profitability in its fourth quarter. The results exceeded Wall Street expectations.

The real estate investment trust, based in Nashville, Tennessee, said it had funds from operations of $154.6 million, or $2.38 per share, in the period.

The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of $2.22 per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $73.8 million, or $1.11 per share.

The hotel and resort real estate investment trust, based in Nashville, Tennessee, posted revenue of $737.8 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $721.4 million.

For the year, the company reported funds from operations of $539.6 million. Revenue was reported as $2.58 billion.

Ryman Hospitality Properties expects full-year funds from operations in the range of $8.50 to $9 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RHP at https://www.zacks.com/ap/RHP