Brookdale Senior Living(BKD)

Search documents
Brookdale Senior Living to acquire 41 currently leased communities
Prnewswire· 2024-09-30 10:00
Announces private convertible senior notes transaction through exchange and new subscription agreements Transactions accretive to 2025 Adjusted EBITDA and Adjusted Free Cash Flow NASHVILLE, Tenn., Sept. 30, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that in a financing led by Deerfield Management, the Company is successfully addressing 83% of all 2026 debt maturities and is securing capital to support immediately accretive acquisition opportu ...
Why Brookdale May Not Be a Safe Bet Despite 34-Month Occupancy Growth
ZACKS· 2024-09-12 17:50
Brookdale Senior Living Inc. (BKD) recently announced that its August 2024 weighted average occupancy grew 130 basis points (bps) from the year-ago level to 78.9%. This marks a new high for the company since it started on the recovery path in March 2021. The weighted average occupancy for the first and second quarters increased 160 bps year over year each. Third quarter-to-date, the metric rose 140 bps year over year. Greater than pre-pandemic average move-in volumes and lower move-outs are expected to have ...
Brookdale Reports August 2024 Occupancy
Prnewswire· 2024-09-10 20:15
August weighted average occupancy increased 30 basis points sequentially to 78.9%, which is a new high since the start of the recovery in March 2021. Month end occupancy surpassed 80.0% with August closing at 80.4%. Versus the prior year, weighted average occupancy increased 130 basis points in August and 140 basis points third quarter-to-date when compared to the comparable 2023 periods. About Brookdale Senior Living Brookdale Senior Living Inc. is the nation's premier operator of senior living communities ...
Brookdale (BKD) Down 7% Since Q2 Earnings Miss on Lower Interest
ZACKS· 2024-08-20 17:45
Brookdale Senior Living Inc.'s (BKD) shares have declined 7% since it reported weak second-quarter 2024 results on Aug 8, 2024, after the closing bell. An elevated expense level and declining interest income affected its profits. The negatives were partially offset by the growing occupancy rate and Revenue per available unit ("RevPAR"). BKD incurred a second-quarter adjusted loss of 17 cents per share, wider than the Zacks Consensus Estimate of a loss of 13 cents per share and the year-ago quarter's loss of ...
Brookdale Senior Living: No Change After Q2, Operating Assets Not Pulling Economic Weight
Seeking Alpha· 2024-08-10 14:27
I I F ■ F Matteo Colombo Investment Update Brookdale Senior Living, Inc. (NYSE:NYSE:BKD) operates a network of 652 senior living communities spread across 41 states. The company provides senior and aged care residential services to ~59,000 residents. Since my last publication on BKD in August last year, the stock has rallied 74% to the upside. I reiterated the business hold then based on numerous factors, namely: The economic realities of the company's growth weren't investment-grade in my view. It is a cap ...
Brookdale Senior Living(BKD) - 2024 Q2 - Quarterly Report
2024-08-09 20:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-32641 BROOKDALE SENIOR LIVING INC. (Exact name of registrant as specified in its charter) Delaware 20-3068069 (S ...
Brookdale Senior Living(BKD) - 2024 Q2 - Earnings Call Presentation
2024-08-09 17:09
| --- | --- | --- | --- | --- | |-----------------|-------|-----------------------|-------|----------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | 0 | | | | | | | | | | | | | | | | | | | | | | | | | | | | E SENIOR LIVING | | Investor Presentation | | August 8, 2024 | Forward-Looking Statements – Safe Harbor Certain statements in this Investor Presentation may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-lookin ...
Brookdale Senior Living(BKD) - 2024 Q2 - Earnings Call Transcript
2024-08-09 16:39
Brookdale Senior Living Inc. (NYSE:BKD) Q2 2024 Earnings Conference Call August 9, 2024 9:00 AM ET Company Participants Jessica Hazel – Head-Investor Relations Cindy Baier – President and Chief Executive Officer Dawn Kussow – Executive Vice President and Chief Financial Officer Conference Call Participants Josh Raskin – Nephron Research Tao Qiu – Macquarie Joanna Gajuk – Bank of America Ben Hendrix – RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the Brookdale Secon ...
Brookdale Senior Living(BKD) - 2024 Q2 - Quarterly Results
2024-08-08 20:19
Exhibit 99.1 Brookdale Announces Second Quarter 2024 Results Nashville, Tenn., August 8, 2024 - Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended June 30, 2024. HIGHLIGHTS • Second quarter consolidated revenue per available unit (RevPAR) increased 6.4% over the prior year quarter. • Second quarter consolidated weighted average occupancy grew 160 basis points over the prior year quarter representing a continuation of better than pre-pandemic growt ...
Brookdale Announces Second Quarter 2024 Results
Prnewswire· 2024-08-08 20:15
NASHVILLE, Tenn., Aug. 8, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended June 30, 2024. HIGHLIGHTS Second quarter consolidated revenue per available unit (RevPAR) increased 6.4% over the prior year quarter. Second quarter consolidated weighted average occupancy grew 160 basis points over the prior year quarter representing a continuation of better than pre-pandemic growth trends. Same community operating margin, when exclu ...