Core Insights - Brookdale Senior Living (BKD) reported a quarterly loss of $0.22 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.16, marking a 37.50% earnings surprise [1] - The company generated revenues of $784.17 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.18%, but showing an increase from $757.29 million year-over-year [2] - Brookdale's stock has increased by approximately 7.6% since the beginning of the year, underperforming compared to the S&P 500's gain of 21.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.14 on revenues of $785.4 million, and for the current fiscal year, it is -$0.57 on revenues of $3.13 billion [7] - The estimate revisions trend for Brookdale is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Medical - Nursing Homes industry, to which Brookdale belongs, is currently in the top 8% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

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. | | | ...

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 ...

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 ...

Brookdale Senior Living Inc. (BKD) recently announced that its third-quarter 2024 weighted average occupancy grew 130 basis points (bps) from the year-ago level to 78.9%. The weighted average occupancy for the first and second quarters increased 160 bps year over year each. While its August 2024 weighted average occupancy grew 130 bps year over year to a new high (78.9%) for the company since it started on the recovery path in March 2021, the same for September grew 30 bps sequentially and 100 bps from a ye ...

September weighted average occupancy increased 30 basis points sequentially to 79.2%, while month end occupancy grew to 80.5%. September represents the Company's thirty-fifth consecutive month of year-over-year weighted average occupancy growth. Third quarter weighted average occupancy increased 130 basis points when compared to the third quarter of 2023, and 80 basis points when compared to the second quarter of 2024. Third quarter move-ins and move-outs were favorable sequentially to the second quarter. A ...

Brookdale Senior Living's (BKD, Financial) stock experienced significant volatility with a sharp drop of 5.04%. The stock currently trades at $5.65 per share, with a trading volume of 1.346 million shares, a turnover rate of 0.68%, and a price fluctuation of 5.88%. The company's latest financial report shows a revenue of $778 million and a net loss of $37.73 million, resulting in an earnings per share of -$0.17. The price-to-earnings ratio stands at -6.17. Of the four institutions providing ratings, 50% rec ...

Brookdale Senior Living (BKD, Financial) recently experienced a significant stock decline, with a drop of 5.14% in its share price. The current stock price is $6.28 per share, with a trading volume of 829,865 shares, and a turnover rate of 0.42%. The stock experienced a price swing of 4.68%. The company's latest financial report showed operating revenue of $778 million with a net loss of $37.73 million, translating to earnings per share of -$0.17. The price-to-earnings ratio stands at -6.85. Among the analy ...

Brookdale Senior Living Inc. (BKD) recently made significant financial and strategic moves to improve its capital structure and expand its real estate ownership. It has agreed to acquire 41 communities while taking debt refinancing measures. The company addressed 83% of its 2026 debt maturities through financing led by Deerfield Management. Let's delve deeper. BKD agreed to buy 41 senior living communities, currently leased through three triple-net lease portfolios, for a total price of $610 million. These ...

Announces private convertible senior notes transaction through exchange and new subscription agreements Transactions accretive to 2025 Adjusted EBITDA and Adjusted Free Cash Flow NASHVILLE, Tenn., Sept. 30, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that in a financing led by Deerfield Management, the Company is successfully addressing 83% of all 2026 debt maturities and is securing capital to support immediately accretive acquisition opportu ...