What To Expect From Drive Shack Inc. ($DS) 3Q20 Earnings

89

Drive Shack Inc. (NYSE:DS) is reporting third quarter financial results on Tuesday 3rd November 2020, after market close.

According to analysts surveyed by Thomson Reuters, DS is expected to report 3Q20 loss of $ 0.22 per share from revenue of $ 59.80 million.

For the full year, analysts anticipate top line of $ 216.14 million, while looking forward to loss of $ 1.34 per share bottom line.

Previous Quarter Performance

Drive Shack Inc. unveiled loss for the second quarter of $ 0.61 per share, from the revenue of $ 32.10 million.

Stock Performance

Shares of Drive Shack Inc. traded low $ -0.06 or -4.08 percent on Monday, reaching $ 1.41 with volume of 677.80 thousand shares. Drive Shack Inc. has traded high as $ 1.50 and has cracked $ 1.38 on the downward trend

The closing price of $ 1.41, representing a 70.93 % increase from the 52 week low of $ 0.86 and a 66.97 % decrease over the 52 week high of $ 4.45.

The company has a market capital of $ 94.77 million and is part of the Consumer Cyclical sector and Leisure industry.

Recent Analyst recommendations

  • On 11th September 2020, maintained by JMP Securities at Market Outperform rating, with $ 5.00 target price.

Drive Shack Inc. owns and operates golf-related leisure and entertainment businesses. Its Entertainment Golf Venues segment operates an entertainment golf venue in Orlando, Florida.