NASHVILLE, Tenn. (AP) _ Ryman Hospitality Properties Inc. (RHP) on Tuesday reported a loss in a key measure in its second quarter. The results surpassed Wall Street expectations.

The Nashville, Tennessee-based real estate investment trust said it had a funds from operations loss of $1.6 million, or 3 cents per share, in the period.

The average estimate of five analysts surveyed by Zacks Investment Research was for a funds from operations loss of 51 cents 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 a loss of $57.9 million, or $1.05 per share.

The hotel and resort real estate investment trust, based in Nashville, Tennessee, posted revenue of $170.9 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $133.7 million.

The company's shares have increased 12% since the beginning of the year. The stock has more than doubled in the last 12 months.

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

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News