Brookdale's 37-Month Growth Streak: Is BKD Stock a Safe Bet?
BKD's weighted average occupancy for November grows 10 bps sequentially.
Brookdale Q3 Earnings Miss on Marketing Cost Hike, Shares Decline 18%
BKD's Q3 results reflect higher marketing costs and lower interest income. Revenues and other operating income improve 3.5% year over year, driven by increased occupancy and RevPOR.
Brookdale Senior Living Inc. (BKD) Q3 2024 Earnings Call Transcript
Brookdale Senior Living Inc. (NYSE:BKD ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Jessica Hazel - Head-Investor Relations Lucinda Baier - President and Chief Executive Officer Dawn Kussow - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Murray - RBC Capital Markets Brian Tanquilut - Jefferies Joanna Gajuk - Bank of America Joshua Raskin - Nephron Research Tao Qiu - Macquarie Operator Thank you for standing by. My name is Bailey, and I will be your conference operator today.
Brookdale Senior Living (BKD) Reports Q3 Loss, Misses Revenue Estimates
Brookdale Senior Living (BKD) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.22 per share a year ago.
Brookdale Senior Living: Upcoming Q3 Earnings Report May Confirm Bearish Trend
Brookdale Senior is announcing its Q3 earnings numbers for fiscal 2024 on the 6th of November after the close. Considering the company's negative earnings profile and high debt, investors need to see a clear line of sight to strong forward-looking growth. The stock is presenty in an intermediate downtrend so the 'probable' earnings result is for the trend to continue.
Brookdale Q3 2024 Occupancy Jumps, Logs 35th Straight Monthly Boost
BKD's weighted average occupancy for September grows 30 bps sequentially.
Brookdale Senior Living (BKD) Stock Dips Amid Financial Performance Concerns
Brookdale Senior Living's (BKD, Financial) stock experienced significant volatility with a sharp drop of 5.04%. The stock currently trades at $5.65 per share, with a trading volume of 1.346 million shares, a turnover rate of 0.68%, and a price fluctuation of 5.88%.
Brookdale Senior Living (BKD) Shares Drop Amid Revenue Challenges
Brookdale Senior Living (BKD, Financial) recently experienced a significant stock decline, with a drop of 5.14% in its share price. The current stock price is $6.28 per share, with a trading volume of 829,865 shares, and a turnover rate of 0.42%.
Brookdale Bets Big With $610M Acquisitions Amid Debt Refinancing
These acquisitions will add 2,789 units to BKD's owned portfolio and enable it to increase its owned units to 66% of its total units.
Why Brookdale May Not Be a Safe Bet Despite 34-Month Occupancy Growth
Rising operating costs due to inflationary challenges in the senior living industry and higher estimated insurance expenses are likely to keep BKD's margins under pressure.
Brookdale (BKD) Down 7% Since Q2 Earnings Miss on Lower Interest
Brookdale (BKD) expects adjusted EBITDA for the third quarter in the range of $90-$95 million.
Brookdale Senior Living: No Change After Q2, Operating Assets Not Pulling Economic Weight
Brookdale Senior Living operates 652 senior living communities, providing care to around 59,000 residents. The stock has rallied 74% since last year, but economic realities of growth ad low profitability tell a different story. Q2 earnings show growth in revenue per occupied room and occupancy rates, but capital reallocation is poor with little compounding ability beyond here in my view.
