Brookdale Q1 RevPAR +6.7%, occupancy +160 bps; Adj EBITDA $97.6M beats guidance

Brookdale Senior Living Inc.

2024-Q1 EPS reported -$0.13 revenue$782,831,000

Resident fees $744.2M, up 4.3% YoY; net loss improved 34% to $29.6M.
Adjusted EBITDA $97.6M, up 10.1% YoY, exceeding previously provided guidance range.
Weighted average occupancy 77.9%, up 160 bps YoY; RevPAR $4,854, up 6.7%.
Same community operating margin 27.6%, highest since pre-pandemic (ex-grant income).
Recognized on U.S. News 'Best of' senior living list for third consecutive year.

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 0.7

Brookdale Senior Living Inc. reported the quarter ended March 31, 2024 results: net income (29.6).

Period: the quarter ended March 31, 2024
Net income: (29.6)
Result: reported results

Exact text from the filing

Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended March 31, 2024.

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Brookdale Senior Living Inc. filing history →

Source: SEC EDGAR

accession 0001332349-24-000075

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