Brookdale Senior Living Q1 2024 GAAP EPS $(0.13) Beats $(0.17) Estimate, Sales $782.83M Miss $783.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brookdale Senior Living (BKD) reported Q1 2024 earnings with a GAAP EPS of $(0.13), surpassing the $(0.17) estimate. However, their sales of $782.83M slightly missed the $783.33M estimate, marking a 3.93% increase from the previous year.

May 07, 2024 | 8:31 pm
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Brookdale Senior Living's Q1 2024 earnings outperformed EPS estimates but slightly missed sales forecasts, with a modest year-over-year sales growth.
While BKD's earnings per share exceeded expectations, the slight miss in sales forecasts could temper investor enthusiasm, leading to a neutral short-term impact on the stock price. The year-over-year sales growth indicates stability, but the mixed results may lead to cautious optimism among investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100