Drive Shack: 1Q Earnings Snapshot
Drive Shack: 1Q Earnings Snapshot
NEW YORK (AP) _ Drive Shack Inc. (DS) on Friday reported a loss of $14.6 million in its first quarter.
On a per-share basis, the New York-based company said it had a loss of 24 cents. Losses, adjusted for asset impairment costs, were 18 cents per share.
The real estate investment trust posted revenue of $54 million in the period.
Drive Shack shares have increased 37% since the beginning of the year. The stock has increased 2% in the last 12 months.
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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 DS at https://www.zacks.com/ap/DS