secwatch.observer — SEC 8-K summary
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Issuer:     Brookdale Senior Living Inc. (BKD)
CIK:        0001332349
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001332349-24-000075
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1332349/000133234924000075/0001332349-24-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1332349/000133234924000075/bkd-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001332349-24-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer