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Sep 30, 2020
Drive Shack Q3 2020 Earnings Report
Drive Shack reported third quarter results and provided business and financial liquidity update.
Key Takeaways
Drive Shack Inc. reported a decrease in total revenues for Q3 2020, with $66.465 million compared to $74.682 million in Q3 2019. The company experienced a loss applicable to common stockholders of $10.807 million, or $0.16 per share.
Total revenues were $66.465 million.
Loss applicable to common stockholders was $10.807 million, or $0.16 per share.
Traditional golf business generated total revenue of $60 million, including $15 million of managed course expense reimbursements.
Entertainment golf venues in West Palm Beach, Richmond and Raleigh generated total revenue of approximately $6 million.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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