Brookdale Senior Living Inc. (BKD) announced that its February weighted average occupancy climbed 160 basis points (bps) from the year-ago level to 76.3%. However, this indicates a 10-bps decline from the January level.In the fourth quarter of 2023, BKD observed a weighted average occupancy of 78.4%, up from 77.1% a year ago. For the third quarter, the metric rose to 77.6% from 76.4% a year ago. At the fourth-quarter end, it had the capacity to serve around 59,000 residents in 41 states.BKD has experienced ...

February's weighted average occupancy increased 160 basis points year-over-year to 77.9% in 2024. Achieved twenty-eight consecutive months of year-over-year weighted average occupancy growth. Demonstrating an improvement from normal pre-pandemic seasonality, first quarter-to-date 2024 weighted average occupancy decreased (40) basis points compared to the full fourth quarter 2023. The Company anticipates reporting first quarter results in the top-half of its previously provided first quarter 2024 RevPAR and ...

Brookdale Senior Living Inc. (BKD) shares have declined 13.1% since it reported fourth-quarter 2023 results on Feb 20, 2024. A wider-than-expected loss is likely to have worried investors. Its net income was hurt by an increase in general and administrative expenses, and facility operating lease costs. Nevertheless, the downside was partly offset by improved resident fee revenues, interest income and occupancy rates.  Brookdale Senior incurred a fourth-quarter adjusted loss of 40 cents per share, wider than ...

NASHVILLE, Tenn., Feb. 23, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that Company management will participate in Citi's 2024 Global Property CEO Conference on March 4, 2024 and Barclays Global Healthcare Conference on March 12, 2024.  On March 4, at the Citi Conference, the Brookdale roundtable presentation will begin at 6:30 am CST, and the live webcast can be accessed through the Company's website at brookdaleinvestors.com  as well as by c ...

Brookdale Senior Living Inc. (NYSE:BKD) Q4 2023 Earnings Call Transcript February 21, 2024 9:00 AM ET Company Participants Jessica Hazel - Investor Relations Cindy Baier - President, Chief Executive Officer & Director Dawn Kussow - Executive Vice President & Chief Financial Officer Conference Call Participants Ben Hendrix - RBC Capital Markets Joanna Gajuk - Bank of America Josh Raskin - Nephron Research Operator Good morning, all and welcome to the Brookdale Fourth Quarter 2023 Earnings Call. All lines hav ...

100 110 120 130 (Jan 2014=100) 1Q 2024 RevPAR YOY Growth 6.25% to 6.75% Adjusted EBITDA $90 million to $95 million Reconciliation of the non-GAAP financial measure included in the foregoing guidance to the most comparable GAAP financial measure is not available without unreasonable effort due to the inherent difficulty in forecasting the timing or amounts of items required to reconcile Adjusted EBITDA from the Company's net income (loss). Variability in the timing or amounts of items required to reconcile t ...

Regulation of the senior living industry is evolving at least partly because of the growing interests of a variety of advocacy organizations and political movements attempting to standardize regulations for certain segments of the industry, particularly assisted living and memory care. Our operations could suffer from future regulatory developments, such as federal assisted living and memory care laws and regulations, as well as mandatory increases in the scope and severity of deficiencies determined by sur ...

NASHVILLE, Tenn., Feb. 6, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) plans to release its fourth quarter and full-year 2023 financial results after the market closes on Tuesday, February 20, 2024.  The Company also plans to discuss the results on a conference call scheduled for Wednesday, February 21, 2024 at 9:00 a.m. (ET). BROOKDALE SENIOR LIVING - EARNINGS CALLDate:  Wednesday, February 21, 2024Time:  9:00 a.m. (ET) / 8:00 a.m. (CT) brookdaleinvestors.comCall Within US: +1 (833) 470-14 ...

The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Brookdale Senior Living (BKD) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Medical sector should help us answer this question.Brookdale Senior Living is a member of our Medical group, which includes 1077 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank c ...

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