Brookdale Q3 net loss widens due to non-cash impairment charges

Brookdale Senior Living

06/11/2025 22:30

Overview

Brookdale Q3 adjusted EBITDA grows 20.4% yr/yr, beating analyst expectations

Net loss in Q3 widens to $114.7 mln due to non-cash impairment charges

Company raises full-year adjusted EBITDA guidance to $455-460 mln

Outlook

Brookdale raises 2025 Adjusted EBITDA guidance to $455 mln - $460 mln

Company expects 2025 RevPAR growth of 5.25% to 6.00%

Brookdale anticipates 2025 Adjusted Free Cash Flow of $30 mln to $50 mln

Result Drivers

OCCUPANCY INCREASE - Co reports highest occupancy since pandemic onset, driven by suppressed inventory growth and rising demand

RESIDENT FEES - Increase in resident fees attributed to higher occupancy and annual rate increase, offset by community dispositions

ADJUSTED EBITDA GROWTH - Growth driven by increased resident fees and reduced lease payments, offset by higher operating expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
-$114.70 mln
Q3 Adjusted EBITDA
Beat
$111.10 mln
$106.13 mln (3 Analysts)
Q3 RevPAR
$5,160


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the healthcare facilities & services peer group is "buy."

Wall Street's median 12-month price target for Brookdale Senior Living Inc is $8.00, about 15.9% below its November 5 closing price of $9.27

Press Release: ID:nPn4wfYv2a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)