Brookdale Senior Living (BKD) Releases Earnings Results, Misses Expectations By $-0.07 EPS

Brookdale Senior Living (BKD) reported quarterly earnings results on Monday, Aug-8-2016. The company reported $-0.19 earnings per share for the quarter, missing the analyst consensus estimate by $-0.07. Analysts had a consensus of $-0.12. The company posted revenue of $1258.83 million in the period, compared to analysts expectations of $1260.26 million. The company’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.46 EPS.

Brookdale Senior Living opened for trading at $17.03 and hit $17.25 on the upside on Friday, eventually ending the session at $17.16, with a gain of 1.24% or 0.21 points. The heightened volatility saw the trading volume jump to 27,07,315 shares. Company has a market cap of $3,188 M.

In a different news, on Mar 4, 2016, Jackie M Clegg (director) purchased 1,500 shares at $15.56 per share price. According to the SEC, on Mar 4, 2016, Labeed S. Diab (COO) purchased 3,344 shares at $14.92 per share price. On Feb 12, 2016, Lee S Wielansky (director) purchased 5,000 shares at $13.06 per share price, according to the Form-4 filing with the securities and exchange commission.

Brookdale Senior Living Inc. operates senior living communities in the United States. The Company operates independent assisted living and dementia-care communities and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services and Management Services. The Company’s Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Company’s Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Company’s CCRCs – Rental segment provides living arrangements and services for various types of health. The Brookdale Ancillary Services segment provides home health therapy and other ancillary services and education and wellness programs. The Management Services segment operates communities owned by third parties or by the Company’s unconsolidated ventures.

Brookdale Senior Living

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