Brookdale Senior Living

Brookdale Senior Living, Inc. engages in the operation of senior living communities. The firm manages independent living, assisted living and dementia-care communities and continuing care retirement centers. It operates through the following segments: Independent Living Assisted Living & Memory Care, CCRCs, Health Care Services and Management Services. The Independent Living segment is primarily designed for middle to upper income seniors who desire an upscale residential environment providing the highest quality of service. The Assisted Living & Memory Care segment offer housing and 24-hour assistance with ADLs to mid-acuity frail and elderly residents. The CCRCs segment offers a variety of living arrangements and services to accommodate all levels of physical ability and health. The Healthcare Services segment provides home health, hospice and outpatient therapy services, as well as education and wellness programs, to residents of many communities and to seniors living outside communities. The Management Services segment composes of communities operated by the company pursuant to management agreements. The company was founded in 1978 and is headquartered in Brentwood, TN.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Brookdale Senior Living excels in Q4 2022, poised for industry growth

Brookdale Senior Living (BKD) delivered a strong performance in Q4 2022, focusing on occupancy growth, rate improvement, and expense management. The company's strategic priorities for 2022 and 2023 include workforce development, retention strategies, and leadership initiatives to drive operational efficiency. Despite challenges, Brookdale is well-positioned to capitalize on opportunities in the senior living industry.

Brookdale Senior Living surpasses Q1 expectations amidst operational successes

Brookdale Senior Living showcased strong financial performance in Q1, exceeding expectations with notable revenue and EBITDA growth, driven by operational excellence and strategic initiatives.
While facing challenges such as the tornado impact and analyst inquiries, the company demonstrated resilience and proactive decision-making to navigate potential obstacles.
With a positive outlook for Q2 and opportunities to leverage successful programs and drive growth, Brookdale remains focused on enhancing operational efficiency and financial strength.

Brookdale Senior Living excels in Q2, eyes growth amid challenges

Brookdale Senior Living's Q2 2023 performance reflects strong financial results, operational improvements, and strategic partnerships.
While facing challenges in certain segments like independent living and CCRCs, the company is leveraging opportunities in memory care and expense management.
Overall, Brookdale's focus on health benefits, occupancy growth, and industry demand positions it for continued growth and competitive advantage.

Brookdale Senior Living exceeds Q3 guidance, eyes growth opportunities

Brookdale Senior Living's Q3 2023 performance showcased strong operational and financial results, with a focus on driving sustainable growth and enhancing resident and associate well-being. The company's strategic priorities and investments in leadership and operations are yielding positive outcomes. Challenges lie ahead in managing expenses and pricing strategies, but opportunities for growth and innovation are on the horizon.

Brookdale Senior Living excels in Q4 2023, poised for growth

Brookdale Senior Living's Q4 2023 performance showcased strong financial results and operational improvements.
While facing challenges in cash flow management and labor costs, the company's strategic initiatives and financial discipline position it well for future growth.
Opportunities in leveraging health initiatives and enhancing operational efficiencies can drive revenue growth and competitive advantage.
Overall, Brookdale's focus on resident satisfaction, financial stewardship, and leadership development bodes well for its future performance.

Brookdale Senior Living reports robust Q2 performance and strategic growth

Brookdale Senior Living demonstrated strong financial performance and operational resilience in Q2 2024, underpinned by consistent growth and strategic initiatives.
While facing challenges such as pandemic-related occupancy impacts and marketing expense shifts, the company remains focused on growth opportunities and financial stability.
With a clear emphasis on recovery, strategic priorities, and operational improvements, Brookdale is poised to navigate challenges and capitalize on opportunities for sustained success.

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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 Inc. (BKD) Q3 2024 Earnings Call Transcript

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 (BKD) Reports Q3 Loss, Misses Revenue Estimates

NASHVILLE, Tenn. , Nov. 6, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended September 30, 2024.

Brookdale Announces Third Quarter 2024 Results

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 Senior Living: Upcoming Q3 Earnings Report May Confirm Bearish Trend

NASHVILLE, Tenn. , Oct. 23, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) plans to release its third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024.

Brookdale Announces Date of Third Quarter 2024 Earnings Release and Conference Call

BKD's weighted average occupancy for September grows 30 bps sequentially.

Brookdale Q3 2024 Occupancy Jumps, Logs 35th Straight Monthly Boost

NASHVILLE, Tenn., Oct. 8, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for September 2024.

Brookdale Reports September 2024 Occupancy

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) Stock Dips Amid Financial Performance Concerns

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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 Senior Living (BKD) Shares Drop Amid Revenue Challenges

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.

Brookdale Bets Big With $610M Acquisitions Amid Debt Refinancing

Diversified Healthcare Trust

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced it has entered into a purchase and sale agreement with Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale”) whereby Brookdale will acquire 18 triple net leased senior living communities that Brookdale currently leases from DHC for $135 million. Brookdale has leased and operated these 18 communities since February 2003. The 18 communities include 876 units located across 10 states serving primarily assis.

Diversified Healthcare Trust Announces Sale of 18 Triple Net Leased Senior Living Communities to Brookdale for $135 Million, or $154,000 per Unit

Announces private convertible senior notes transaction through exchange and new subscription agreements Transactions accretive to 2025 Adjusted EBITDA and Adjusted Free Cash Flow NASHVILLE, Tenn. , Sept. 30, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that in a financing led by Deerfield Management, the Company is successfully addressing 83% of all 2026 debt maturities and is securing capital to support immediately accretive acquisition opportunities.

Brookdale Senior Living to acquire 41 currently leased communities

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.

Why Brookdale May Not Be a Safe Bet Despite 34-Month Occupancy Growth

NASHVILLE, Tenn., Sept. 10, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for August 2024.

Brookdale Reports August 2024 Occupancy

Brookdale (BKD) expects adjusted EBITDA for the third quarter in the range of $90-$95 million.

Brookdale (BKD) Down 7% Since Q2 Earnings Miss on Lower Interest

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.

Brookdale Senior Living: No Change After Q2, Operating Assets Not Pulling Economic Weight

Brookdale Senior Living Inc. (NYSE:BKD ) Q2 2024 Earnings Conference Call August 9, 2024 9:00 AM ET Company Participants Jessica Hazel – Head-Investor Relations Cindy Baier – President and Chief Executive Officer Dawn Kussow – Executive Vice President and Chief Financial Officer Conference Call Participants Josh Raskin – Nephron Research Tao Qiu – Macquarie Joanna Gajuk – Bank of America Ben Hendrix – RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the Brookdale Second Quarter 2024 Earnings Call.

Brookdale Senior Living Inc. (BKD) Q2 2024 Earnings Call Transcript

NASHVILLE, Tenn. , Aug. 8, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended June 30, 2024.

Brookdale Announces Second Quarter 2024 Results

NASHVILLE, Tenn. , July 25, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) plans to release its second quarter 2024 financial results after the market closes on Thursday, August 8, 2024.

Brookdale Announces Date of Second Quarter 2024 Earnings Release and Conference Call

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Brookdale Senior's (BKD) weighted average occupancy for June rises 140 bps year over year.

Brookdale Senior (BKD) Q2 Occupancy Jumps, Growth Trend Persists

NASHVILLE, Tenn., July 9, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for June 2024.

Brookdale Reports June 2024 Occupancy

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Brookdale (BKD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Brookdale (BKD) Shows Fast-paced Momentum But Is Still a Bargain Stock

Does Brookdale Senior Living (BKD) have what it takes to be a top stock pick for momentum investors? Let's find out.

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