Brookdale Senior Living Earnings Preview
Portfolio Pulse from Benzinga Insights
Brookdale Senior Living (NYSE:BKD) is scheduled to release its quarterly earnings report on February 20, 2024, with analysts expecting an EPS of $-0.21. Historical data shows mixed reactions to past earnings, with the last quarter's miss leading to a 7.04% share price increase the following day. Shares have risen 104.3% over the last year, indicating positive sentiment among long-term investors.
February 19, 2024 | 4:01 pm
News sentiment analysis
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POSITIVE IMPACT
Brookdale Senior Living is expected to report an EPS of $-0.21 for the upcoming quarter. Historical performance shows significant stock price movements post-earnings, with a 104.3% increase over the past year indicating strong investor confidence.
Given BKD's historical performance where stock prices have generally increased following earnings reports, even after missing EPS estimates, and considering the 104.3% increase in stock price over the past year, there is a strong indication of positive investor sentiment. This suggests a likely positive short-term impact on BKD's stock price following the earnings announcement, especially if they meet or exceed the EPS estimate or provide positive guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100