Brookdale Senior Living (BKD) Reports Q3 Loss, Misses Revenue Estimates

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]