NYSE$DSHK
Drive Shack Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported operating income for the first time in three years and positive adjusted EBITDA.
Drive Shack Inc. reported total revenue of $73.9 million and operating income of $1.1 million for the second quarter of 2021. The company delivered quarterly operating income for the first time in three years and positive Adjusted EBITDA of $7.7 million.
- Total revenue for the second quarter was $73.9 million compared to $32.1 million in the same period last year.
- Drive Shack golf venues generated total revenue of $11.6 million in the second quarter 2021, an increase of $9.8 million compared to $1.8 million in the second quarter 2020.
- American Golf generated total revenue of $62.3 million in the second quarter 2021 compared to $30.3 million in the second quarter 2020.
- The Company had cash and cash equivalents of $81.4 million as of June 30, 2021.
Headline financials
Revenue & EPS history
Drive Shack · Revenue · Quarterly
$73.9M
Revenue by segment
Drive Shack · $7.38M total across 1 segment · Q4 2020
- Sales of Food and Beverages$7.38M-59.5%100.0%
Forward guidance
Drive Shack Inc. is focused on the successful launch and expansion of Puttery and looks forward to a long-standing partnership with Rory McIlroy and his team as they further grow the Puttery brand in the coming years.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 9 quarterly earnings reports
-1.5%
Avg return
Earnings day
+4.5%
Avg return
5 days after
+3.1%
Avg return
30 days after
29%
9 / 31 earnings
Positive
+19.9%
Q3 2022
Best reaction
-19.0%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2025 | -19.0% | -11.4% | -36.3% | |
| Q4 2024 | -5.9% | +5.9% | +41.2% | |
| Q4 2023 | +0.0% | +0.0% | -30.8% | |
| Q3 2023 | +0.0% | -4.5% | -4.5% | |
| Q2 2023 | +0.0% | -2.5% | -33.1% | |
| Q1 2023 | -2.4% | -1.2% | -25.8% | |
| Q4 2022 | +0.0% | +26.7% | +206.4% | |
| Q3 2022 | +19.9% | +33.7% | -40.7% | |
| Q2 2022 | -12.4% | -15.0% | -35.0% | |
| Q1 2022 | +10.2% | +13.1% | -10.2% | |
| Q4 2021 | -8.5% | — | — | |
| Q3 2021 | -9.9% | — | — | |
| Q2 2021 | +3.8% | — | — | |
| Q1 2021 | +6.6% | — | — | |
| Q4 2020 | +19.2% | — | — | |
| Q3 2020 | -2.1% | — | — | |
| Q2 2020 | -5.6% | — | — | |
| Q1 2020 | -7.5% | — | — | |
| Q4 2019 | -13.4% | — | — | |
| Q3 2019 | -3.6% | — | — | |
| Q2 2019 | -1.9% | — | — | |
| Q1 2019 | +1.6% | — | — | |
| Q4 2018 | +6.4% | — | — | |
| Q3 2018 | -11.4% | — | — | |
| Q2 2018 | -12.3% | — | — | |
| Q1 2018 | -2.7% | — | — | |
| Q4 2017 | -1.6% | — | — | |
| Q3 2017 | +4.1% | — | — | |
| Q4 2016 | +4.1% | — | — | |
| Q2 2017 | -3.5% | — | — | |
| Q1 2017 | +0.0% | — | — | |
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