Brookdale Senior Living Q4 2023 GAAP EPS $(0.40) Misses $(0.21) Estimate, Sales $754.48M Beat $753.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brookdale Senior Living (NYSE:BKD) reported Q4 2023 GAAP EPS of $(0.40), missing the $(0.21) estimate by 90.48%, and a 207.69% decrease from last year. Sales of $754.48M beat the $753.67M estimate, a 7.69% increase from last year.
February 20, 2024 | 9:46 pm
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NEGATIVE IMPACT
Brookdale Senior Living reported a significant miss in Q4 2023 EPS and a slight beat in sales compared to estimates.
The significant miss in EPS (90.48% below estimates) and a decrease of 207.69% from the previous year's losses indicate potential concerns about the company's profitability and operational efficiency. Although the sales beat the estimates, the marginal difference (0.11%) may not be sufficient to offset the negative impact of the earnings miss on investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100