Brookdale Senior Living, Inc. - BKD STOCK NEWS

Brookdale Senior Living (BKD) reported significant first quarter 2022 results, with revenue per available unit (RevPAR) rising 11.0% year-over-year to $4,037. The company experienced a 380 basis point increase in weighted average occupancy, reaching 73.4%. Senior housing resident fee revenue increased by 10.3% year-over-year to $637 million. However, the net loss for the quarter was reported at $100 million. Adjusted EBITDA increased by 6.3% to $37.2 million. Brookdale maintains a total liquidity of $475.9 million and aims for RevPAR growth of 10%-12% for the full year 2022.

Brookdale Senior Living Inc. (NYSE: BKD) will have its President and CEO, Lucinda Baier, participating in the RBC Capital Markets 2022 Global Healthcare Conference on May 18, 2022, starting at 8:30 am ET. Investors can access the live webcast on the company’s website or through this link. A replay will be available until June 8, 2022. Brookdale operates and manages 678 communities across 41 states, serving over 60,000 residents.

Brookdale Senior Living Inc. (NYSE: BKD) will release its first quarter 2022 financial results after market close on May 5, 2022. A conference call to discuss these results is scheduled for May 6, 2022, at 9:00 AM ET. The company operates 678 communities across 41 states and serves over 60,000 residents. Investors can participate in the call or access a replay afterward. More details and the webcast link are available on Brookdale's investor relations page.

Brockdale Senior Living Inc. (NYSE: BKD) reported a rise in consolidated occupancy for March 2022. The company noted a 30 basis point increase in sequential weighted average occupancy and a 60 basis point month-end occupancy growth. This first quarter marked the best sequential occupancy change in a decade, despite typical seasonal declines. Notably, over 2,000 move-ins occurred in March, the highest since August 2019.

BROOKDALE Senior Living Inc. (NYSE: BKD) announced positive trends in occupancy for February 2022. The company reported a fourth consecutive month of year-over-year weighted average occupancy growth since the pandemic started. Notably, Brookdale recorded net move-ins exceeding move-outs for the first time since 2014, while the weighted average occupancy remained stable, dropping only 10 basis points during the month. Since initiating its turnaround in February 2021, the weighted average occupancy has increased by 390 basis points.

Brookdale Senior Living Inc. (BKD) announced that CEO Lucinda "Cindy" Baier will participate in the Barclays Global Healthcare Conference on March 16, 2022. The discussion will begin at 8:00 am ET, accessible via a live webcast on the company's investor relations website. A replay will be available until April 15, 2022. Brookdale operates 679 communities across 41 states, serving over 60,000 residents, focusing on providing home-like environments for seniors.

Brookdale Senior Living (BKD) reported Q4 2021 results, showing a 4% increase in revenue per available unit (RevPAR) to $3,828 and a sequential occupancy rise of 100 basis points to 73.5%. Total resident fee revenue decreased by 10.6% year-over-year, falling to $605.4 million. The company experienced a net loss of $81.7 million compared to a loss of $44.1 million in Q4 2020. Financial liquidity improved with $537 million available, bolstered by significant capital raising efforts. For 2022, BKD expects RevPAR growth of 10% to 12% and adjusted EBITDA between $240 million and $260 million.

Brookdale Senior Living Inc. (BKD) will release its fourth quarter and full-year 2021 financial results on February 14, 2022, after market close. A conference call to discuss these results is scheduled for February 15, 2022, at 9:00 AM ET. The company operates 679 senior living communities across 41 states, serving over 60,000 residents. Brookdale is committed to enriching lives through its comprehensive care services and remains a leading operator in the senior living sector.

Brookdale Senior Living Inc. (NYSE: BKD) reported notable occupancy growth for December 2021. This marked the 10th consecutive month of weighted average occupancy increase, with the first sequential growth in December since 2012. Additionally, the fourth quarter saw a 100 basis points rise in weighted average occupancy compared to the third quarter. This represents the first year-over-year quarterly occupancy growth since the pandemic began, signalling a positive trend in the senior living sector.