Brookdale Senior Living Inc reports results for the quarter ended in September 30 - Earnings Summary

Brookdale Senior Living

07/11/2024 04:47

* Brookdale Senior Living Inc  BKD.N  reported a quarterly
adjusted loss of 22 cents​​ per share for the quarter ended
September 30, identical to the same quarter last year.  The mean
expectation of four analysts for the quarter was for a loss
of 17 cents per share. Wall Street expected results to range
from -21 cents to -14 cents per share.
    * Revenue rose 3.5% to $784.17 million from a year ago;
analysts
expected $784.23 million. 
    * Brookdale Senior Living Inc's reported EPS for the quarter
was a
loss of 22 cents​.
    * The company reported a quarterly loss of $50.72 million.
    * Brookdale Senior Living Inc shares had fallen by 7.8% this
quarter and gained 7.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 2 "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 $8.00 
This summary was machine generated from LSEG data November 7 at
04:47 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
 Sep. 30 2024      -0.17          -0.22          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