Brookdale Senior Living Inc reports results for the quarter ended in December - Earnings Summary

Brookdale Senior Living

21/02/2024 10:56

* Brookdale Senior Living Inc  BKD.N  reported a quarterly
adjusted loss of 40 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of -13 cents.  The mean expectation of
two analysts for the quarter was for a loss of 21 cents per
share. Wall Street expected results to range from -24 cents
to -19 cents per share.
    * Revenue rose 7.7% to $754.48 million from a year ago;
analysts
expected $753.67 million. 
    * Brookdale Senior Living Inc's reported EPS for the quarter
was a
loss of 40 cents​.
    * The company reported a quarterly loss of $91.16 million.
    * Brookdale Senior Living Inc shares had risen by 5.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "hold"

Wall Street's median 12-month price target for Brookdale Senior
Living Inc is $6.50 
This summary was machine generated from LSEG data February 21 at
10:55 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.21          -0.40          Missed
 Sep. 30 2023      -0.21          -0.22          Missed
 Jun. 30 2023      -0.24          -0.02          Beat
 Mar. 31 2023      -0.29          -0.20          Beat