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

Brookdale Senior Living

07/05/2024 22:23

* Brookdale Senior Living Inc  BKD.N  reported a quarterly
adjusted loss of 13 cents​​ per share for the quarter ended in
March, higher than the same quarter last year, when the company
reported EPS of -20 cents.  The mean expectation of two analysts
for the quarter was for a loss of 17 cents per share. Wall
Street expected results to range from -19 cents to -16 cents per
share.
    * Revenue rose 3.9% to $782.83 million from a year ago;
analysts
expected $783.33 million. 
    * The company reported a quarterly loss of $29.57 million.
    * Brookdale Senior Living Inc shares had risen by 10.4% this
quarter and gained 25.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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 $7.00 
This summary was machine generated from LSEG data May 7 at 09:22
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
 Mar. 31 2024      -0.17          -0.13          Beat
 Dec. 31 2023      -0.21          -0.40          Missed
 Sep. 30 2023      -0.21          -0.22          Missed
 Jun. 30 2023      -0.24          -0.02          Beat