Brookdale Senior Living Inc. (BKD) Set to Announce Earnings on Monday
Brookdale Senior Living Inc. (NYSE:BKD) is set to post its quarterly earnings results after the market closes on Monday, October 30th.
Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Monday, August 7th. The company reported ($0.23) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.79). The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.14 billion. Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The firm’s revenue for the quarter was down 5.7% compared to the same quarter last year. During the same period last year, the company posted ($0.19) earnings per share. On average, analysts expect Brookdale Senior Living to post $1.80 EPS for the current fiscal year and $-0.58 EPS for the next fiscal year.
Brookdale Senior Living Inc. (NYSE:BKD) traded down 1.44% during trading on Monday, hitting $10.30. The stock had a trading volume of 269,051 shares. Brookdale Senior Living Inc. has a 52 week low of $9.94 and a 52 week high of $16.31. The company’s market cap is $1.92 billion. The stock has a 50-day moving average price of $10.96 and a 200-day moving average price of $12.94.
Several research firms have recently weighed in on BKD. Zacks Investment Research raised shares of Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a report on Monday, July 3rd. Jefferies Group LLC reaffirmed a “buy” rating and set a $16.50 price objective on shares of Brookdale Senior Living in a report on Friday, July 14th. BidaskClub lowered shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. ValuEngine lowered shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a report on Sunday, September 3rd. Finally, Stifel Nicolaus dropped their price objective on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating for the company in a report on Tuesday, August 8th. Five analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $16.08.
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About Brookdale Senior Living
Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.
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