Brookdale Senior Living Full Year 2024 Earnings: EPS Misses Expectations

Brookdale Senior Living (NYSE:BKD) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.98b (up 4.0% from FY 2023).
• Net loss: US$201.9m (loss widened by 6.8% from FY 2023).
• US$0.89 loss per share (further deteriorated from US$0.84 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Brookdale Senior Living EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%.

The primary driver behind last 12 months revenue was the Assisted Living and Memory Care segment contributing a total revenue of US$2.04b (68% of total revenue). Notably, cost of sales worth US$2.18b amounted to 73% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$378.5m (38% of total expenses). Explore how BKD's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Healthcare industry in the US.

Performance of the American Healthcare industry.

The company's shares are up 10% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Brookdale Senior Living could be a good place to look. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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