Brookdale Senior Living Expects Q3 RevPAR Growth Of 10.0%-10.5% Y/Y, Adjusted EBITDA Of $73M-$78M
Portfolio Pulse from Benzinga Newsdesk
Brookdale Senior Living (BKD) anticipates a year-over-year RevPAR growth of 10.0%-10.5% for Q3. The company also expects its adjusted EBITDA to be between $73M and $78M.
August 07, 2023 | 8:54 pm
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Brookdale Senior Living's Q3 revenue per available room (RevPAR) is expected to grow 10.0%-10.5% Y/Y. Adjusted EBITDA is forecasted to be $73M-$78M.
The company's projected increase in RevPAR and adjusted EBITDA for Q3 indicates a positive financial performance. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100