Midas, Inc. (DS) Tops Q4 EPS by 1c

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Drive Shack Inc. Announces Fourth Quarter and Full Year 2016 Results and Declares First Quarter 2017 Preferred Stock Dividends

February 28, 2017 6:00 AM EST

NEW YORK--(BUSINESS WIRE)-- Drive Shack Inc. (NYSE:DS; the Company) today reported the following information for the quarter and full year ended December 31, 2016.

FULL YEAR 2016 FINANCIAL HIGHLIGHTS

GAAP Income of $71 million, or $1.07 per basic share* Depreciation and amortization of $37 million, or $0.55 per basic share* Core Earnings of $47 million, or $0.71 per basic share** AFFO of $108 million, or $1.62 per basic share**

FOURTH QUARTER 2016 FINANCIAL HIGHLIGHTS

GAAP Loss of $(21) million, or $(0.32) per basic share*... More