Brookdale Senior Living (BKD) Misses Q4 EPS by 18c; issues outlook

Brookdale Senior Living (NYSE: BKD) reported Q4 EPS of ($0.40), $0.18 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $754.48 million versus the consensus estimate of $756.02 million.

OUTLOOK

For the first quarter 2024, the Company is providing the following guidance:

RevPAR year-over-year growth of 6.25% - 6.75%

Adjusted EBITDA of $90 million to $95 million

In the aggregate, the Company expects its full-year 2024 non-development capital expenditures, net of anticipated lessor reimbursements, to be approximately $180.0 million.

For earnings history and earnings-related data on Brookdale Senior Living (BKD) click here.

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