Brookdale Senior Living: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Brookdale Senior Living (NYSE:BKD) reported Q4 earnings with an EPS of $-0.4, missing estimates by 90.48% compared to the expected $-0.21. Revenue increased by $53.90 million from the same period last year. Despite missing EPS estimates last quarter, BKD's share price increased by 7.04% the following day. Historical earnings performance shows mixed results over the past quarters.
February 20, 2024 | 9:50 pm
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Brookdale Senior Living reported a significant miss in Q4 earnings with an EPS of $-0.4 against an estimate of $-0.21, but showed an increase in revenue by $53.90 million from the previous year.
The significant miss in estimated earnings by 90.48% is likely to negatively impact investor sentiment in the short term, despite the increase in revenue. Historical data shows that even after missing EPS estimates last quarter, BKD's share price increased by 7.04% the next day, indicating potential resilience. However, the magnitude of the miss in this quarter is substantial, which could lead to a negative short-term price movement.
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IMPORTANCE 90
RELEVANCE 100