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Stock impact report

Brookdale Announces First Quarter 2024 Results [Yahoo! Finance]

Brookdale Senior Living Inc. (BKD) 
Last brookdale senior living inc. earnings: 2/18 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
HIGHLIGHTS First quarter consolidated revenue per available unit (RevPAR) increased 6.7% year-over-year and 5.1% sequentially. First quarter consolidated weighted average occupancy increased 160 basis points, accelerating from recent year-over-year growth trends and outperforming normal seasonal expectations. Delivered 27.6% first quarter same community operating margin, highest reported margin rate since the initial impact of the pandemic, when excluding prior period grant income. Net income (loss) improved 34% year-over-year while Adjusted EBITDA grew 10%, exceeding previously provided guidance range. Recognized with the most communities on U.S. News & World Report "Best of" senior living list for third consecutive year and named an Argentum 2024 "Best of the Best" award winner for innovative Brookdale HealthPlus program. "Through the continued successful execution of our key strategic priorities and our relentless dedication to the health and well-being of our resident Show less Read more
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