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-0.000729927007299254 -0.0005693430656934 -0.000729927007299254 -0.000729927007299254 -0.00218978102189789 0 0.00364963503649627 0
Stock impact report

Brookdale Senior (BKD) Sees Y/Y Increase in Q1 Occupancy Levels [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
77.9%. With a first-quarter 2024 weighted average occupancy level of 77.9%, up 160 basis points from the year-ago period, it is evident that the company has had a promising start to the year, similar to the previous year. Brookdale Senior Living has witnessed 29 straight months of year-over-year increases in weighted average occupancy. This indicates the company's ongoing improvement in occupancy rates, which is expected to result in increased resident fee revenues. This positive momentum is anticipated to persist in the future and contribute to the company's overall performance. BKD's 2023 resident fee revenues witnessed 10.5% year-over-year growth to almost $2.9 billion. Its RevPAR (revenue per available unit) and Adjusted EBITDA grew 11.3% and 39.1% year-over-year, respectively, last year. According to the company's earlier guidance, first quarter 2024 RevPAR year-over-year growth was expected within 6.25% - 6.75%. Also, adjusted EBITDA was expected to be within the $90-$95 mil Show less Read more
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