Brookdale Q4 RevPAR up 9.8% YoY, net loss narrows to $25.7M; occupancy 77.2%

Brookdale Senior Living Inc.

2022-FY EPS reported -$1.25 revenue$2,825,379,000

Full-year RevPAR +10.1% YoY; weighted average occupancy +390 bps.
Q4 same community resident fee revenue $636.9M (+9.8% YoY); facility op expense $502.9M (+8.1%).
Q4 adjusted EBITDA $46.6M vs $35.8M YoY; net loss $25.7M vs $81.7M YoY.
Year-end liquidity $453M; no significant debt maturities until Sep 2024.
CEO reports stronger-than-expected Jan 2023 move-in results; optimistic for continued recovery.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Brookdale Senior Living Inc. reported financial results for quarter and full year ended December 31, 2022.

Period: quarter and full year ended December 31, 2022
Result: reported results

Exact text from the filing

Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter and full year ended December 31, 2022.

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Brookdale Senior Living Inc. filing history →

Source: SEC EDGAR

accession 0001332349-23-000044

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