Drive Shack: 4Q Earnings Snapshot
Drive Shack: 4Q Earnings Snapshot
NEW YORK (AP) _ Drive Shack Inc. (DS) on Thursday reported a loss of $3.5 million in its fourth quarter.
The New York-based company said it had a loss of 7 cents per share.
The real estate investment trust posted revenue of $69.3 million in the period.
For the year, the company reported that its loss narrowed to $38.7 million, or 66 cents per share. Revenue was reported as $314.4 million.
The company's shares closed at $4.57. A year ago, they were trading at $4.91.
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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