Barclays Reviews Brookdale Senior Living's (BKD) December Qtr; Possible Upside to Guidance

Shares of Brookdale Senior Living (NYSE: BKD) are trading at session lows, currrently down $0.29 (-1.54%). Last Friday, the company reported FFO of $0.47, which was $0.48 better than estimates. However, according to Barclays, BKD reported CFFO of $0.54 (ex-costs), which was in-line with estimates (and $0.01 shy of Barclays consensus).

Barclays maintains an 'Equalweight' on BKD and a price target of $20.00.

Barclays analyst, Bryan Sekino, said, "At first blush, we believe that there could be upside to the current CFFO guidance, as company faces an easier comparison period in the back half of 2012 and may be able to show some stronger top-line growth. However, we believe BKD is likely being conservative, a prudent move in the current environment." (FY12 CFFO lowered from $2.19 to $2.17)

For an analyst ratings summary and ratings history on Brookdale Senior Living click here. For more ratings news on Brookdale Senior Living click here.

Shares of Brookdale Senior Living closed at $18.80 yesterday.

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