earnings
confidence high
sentiment positive
materiality 0.75
Brookdale Q4 net loss narrows to $83.9M; Adj. EBITDA +16% to $98.5M; occupancy 79.4%
Brookdale Senior Living Inc.
2024-FY EPS reported
-$0.89
revenue$3,125,487,000
- Q4 RevPAR $4,873 (+5.5% YoY); weighted avg occupancy 79.4% (+100 bps); resident fees $744.4M.
- Net loss improved to $83.9M from $91.2M YoY; Adj. EBITDA $98.5M (+15.5%).
- Lease amendment with Ventas includes non-renewal of 55 communities; expected cash flow boost.
- Refinanced >$300M of 2027 debt at lower rate; acquired 11 previously leased communities.
- Q4 operating cash flow +54% YoY; Adj. Free Cash Flow +46% YoY.