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

Brookdale Senior Living

09/08/2024 24:15

* Brookdale Senior Living Inc  BKD.N  reported a quarterly
adjusted loss of 17 cents​​ per share for the quarter ended in
June, lower than the same quarter last year, when the company
reported EPS of -2 cents.  The mean expectation of
three analysts for the quarter was for a loss of 15 cents per
share. Wall Street expected results to range from -17 cents
to -13 cents per share.
    * Revenue rose 3.6% to $777.54 million from a year ago;
analysts
expected $779.16 million. 
    * Brookdale Senior Living Inc's reported EPS for the quarter
was a
loss of 17 cents​.
    * The company reported a quarterly loss of $37.73 million.
    * Brookdale Senior Living Inc shares had risen by 5.1% this
quarter and gained 23.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.3%
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 2 "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 $7.63 
This summary was machine generated from LSEG data August 8 at
11:15 p.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
 Jun. 30 2024      -0.15          -0.17          Missed
 Mar. 31 2024      -0.17          -0.13          Beat
 Dec. 31 2023      -0.21          -0.40          Missed
 Sep. 30 2023      -0.21          -0.22          Missed