Published on 6 Oct 2024 on GuruFocus.com · via Yahoo Finance

Brookdale Senior Living Inc (BKD) Q2 2024 Earnings Call Highlights: Strong...

Adjusted EBITDA Growth: Increased 20% over the prior year quarter.Adjusted Free Cash Flow: Improved 26% over the prior year to negative $6 million.Resident Fee Revenue: Grew 4.2% over the prior year quarter.Consolidated RevPAR: Increased 6.4% over the prior year quarter.Same-Community Adjusted Operating Income: Increased 13% over the prior year quarter.Adjusted Operating Income Margin: Grew 160 basis points to 27.4%.Occupancy Growth: 160 basis points increase in weighted average occupancy year-over-year.Same-Community RevPAR: Increased 5.9% over the prior year.Same-Community Labor Expense: Improved 190 basis points as a percent of revenue compared to the prior year.Total Liquidity: $346 million as of June 30.Third Quarter RevPAR Guidance: Expected growth of 6.25% to 6.75% over the prior year.Third Quarter Adjusted EBITDA Guidance: Expected to be in the range of $90 million to $95 million.

Warning! GuruFocus has detected 5 Warning Signs with BKD.