Brookdale Senior Living (BKD) Reports Q1 Loss of $0.68, Reiterates FY 2017 Outllok
Brookdale Senior Living (NYSE: BKD) reported Q1 EPS of ($0.68), versus ($0.26) reported last year. Revenue for the quarter came in at $1.22 billion, versus $1.26 billion reported last year.
Guidance:
Based on results year-to-date, the Company reiterates its full year 2017 guidance as follows:
- Adjusted EBITDA, excluding transaction and strategic project costs in the range of $670 million to $710 million.
- Adjusted Free Cash Flow in the range of $140 million to $170 million.
- The Company\'s proportionate share of Adjusted Free Cash Flow of unconsolidated ventures in the range of $25 million to $35 million.
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