Brookdale returns to Q2 profit as RevPAR rises

Brookdale Senior Living

10/08/2026 21:27

Overview
US senior living operator's Q2 Adjusted EBITDA slightly beat analyst expectations
Q2 RevPAR rose 8.2% yr/yr, driven by higher occupancy and pricing
Company returned to net income, helped by gains on community sales and lower expenses

Outlook
Brookdale reiterates 2026 RevPAR growth guidance of 8% to 9% year-over-year
Company maintains 2026 Adjusted EBITDA forecast of $502 mln to $516 mln

Result Drivers
COMMUNITY DISPOSITIONS - Decline in consolidated resident fees and expenses mainly due to sale and lease termination of communities
SAME COMMUNITY GROWTH - Higher same community RevPAR and occupancy drove increased same community resident fees
GAIN ON SALES - Net income benefited from $45.4 mln gain on sale of communities and lower depreciation expense after asset dispositions

Company press release: ID:nPn8JbQgwa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
 
$23.30 mln
 
Q2 Adjusted EBITDA
Slight Beat*
$122.1 mln
$121.21 mln (4 Analysts)
Q2 RevPAR
 
$5,500
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "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 $18.75, about 31.9% above its August 7 closing price of $14.22

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