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Brookdale Reports December 2024 Occupancy
Prnewswire· 2025-01-09 21:15
Supported by favorable move-in and move-out levels, December weighted average occupancy increased 100 basis points year-over-year, from 78.3% in 2023 to 79.3% in 2024. Fourth quarter 2024 weighted average occupancy also increased 100 basis points compared to the prior year quarter. Sequentially, fourth quarter 2024 weighted average occupancy increased 50 basis points compared to the third quarter, exceeding normal pre-pandemic seasonality for this period. Fourth quarter 2024 move-in volume surpassed the pr ...
Brookdale Announces Beneficial Refinancing Transaction to Address a Significant Portion of 2027 Debt Maturities at a Favorable Rate
Prnewswire· 2024-12-23 21:15
NASHVILLE, Tenn., Dec. 23, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that the Company has recently completed a successful advance refinancing of more than $300 million of the Company's 2027 debt maturities while further increasing its liquidity.On December 20, 2024, Brookdale obtained a $344.2 million loan under its Master Credit Facility Agreement, dated as of August 31, 2017. The financing with JLL Real Estate Capital, LLC ("JLL") was obta ...
Brookdale Q3 Earnings Miss on Marketing Cost Hike, Shares Decline 18%
ZACKS· 2024-11-15 19:25
Brookdale Senior Living Inc.'s (BKD) shares lost 17.5% since it reported third-quarter 2024 results on Nov. 6, 2024. The quarterly results were hurt by elevated marketing expenses, reduced property insurance proceeds and a decline in interest income, all of which contributed to a wider net loss. Nevertheless, the downside was partly offset by higher resident fees, driven by increased revenue per occupied unit (RevPOR) and occupancy rates. BKD incurred a third-quarter adjusted loss of 22 cents per share, wid ...
Brookdale to Present at the 2024 Stephens Annual Investment Conference
Prnewswire· 2024-11-11 21:15
NASHVILLE, Tenn., Nov. 11, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that Lucinda "Cindy" Baier, President and Chief Executive Officer and Dawn Kussow, Executive Vice President & Chief Financial Officer will participate in the 2024 Stephens Annual Investment Conference on Wednesday, November 20, 2024. The Brookdale fireside chat will begin at 8:00 am CST, and the live webcast can be accessed through the Company's website at brookdaleinvestor ...
Brookdale Senior Living(BKD) - 2024 Q3 - Earnings Call Transcript
2024-11-10 00:25
Brookdale Senior Living Inc. (NYSE:BKD) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Jessica Hazel - Head-Investor Relations Lucinda Baier - President and Chief Executive Officer Dawn Kussow - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Murray - RBC Capital Markets Brian Tanquilut - Jefferies Joanna Gajuk - Bank of America Joshua Raskin - Nephron Research Tao Qiu - Macquarie Operator Thank you for standing by. My name is Bail ...
Brookdale Senior Living(BKD) - 2024 Q3 - Quarterly Report
2024-11-07 21:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-32641 BROOKDALE SENIOR LIVING INC. (Exact name of registrant as specified in its charter) Delaware 20-30680 ...
Brookdale Senior Living (BKD) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-07 00:26
Brookdale Senior Living (BKD) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -37.50%. A quarter ago, it was expected that this senior housing company would post a loss of $0.13 per share when it actually produced a loss of $0.17, delivering a surprise of -30.77%. Over the last four quarters ...
Brookdale Senior Living(BKD) - 2024 Q3 - Quarterly Results
2024-11-06 21:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------|----------------|----------------------|-------------------------|--------------|-----------------------------------------| | Date of Report (Date of earliest | event | reported) | October 8, | 2024 | | | | | Brookdale | Senior Living Inc. | | | ...
Brookdale Announces Third Quarter 2024 Results
Prnewswire· 2024-11-06 21:15
NASHVILLE, Tenn., Nov. 6, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended September 30, 2024. HIGHLIGHTS Third quarter consolidated weighted average occupancy grew 130 basis points over the prior year quarter and 80 basis points sequentially over the second quarter. Same community operating income increased 10.1% over the prior year period, when excluding prior period grant income, marking three years of consecutive quarter ...
Brookdale Announces Date of Third Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-10-23 20:15
NASHVILLE, Tenn., Oct. 23, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) plans to release its third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024. The Company also plans to discuss the results on a conference call scheduled for Thursday, November 7, 2024, at 9:00 a.m. (ET). BROOKDALE SENIOR LIVING - EARNINGS CALL Date: Thursday, November 7, 2024 Time: 9:00 a.m. (ET) / 8:00 a.m. (CT) brookdaleinvestors.com Call Within US: +1 (800) 715-9871 Call Outside ...