Brookdale Senior Living (NYSE:BKD) Issues Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Brookdale Senior Living (NYSE:BKD) released its earnings results on Friday. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.03), FiscalAI reports. Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 4.53%. The business had revenue of $712.07 million for the quarter, compared to analysts’ expectations of $721.26 million.

Here are the key takeaways from Brookdale Senior Living’s conference call:

• Brookdale lowered its 2026 outlook, now expecting Adjusted EBITDA of $495 million–$502 million and RevPAR growth of 7.4%–7.9%. The company attributed the reduction mainly to weaker-than-expected occupancy growth, with October occupancy up just 10 basis points sequentially; the outlook also includes costs from a community fire and increased marketing.
• Occupancy remains the company’s main operating challenge: summer move-ins missed expectations, move-outs were somewhat higher than anticipated, and external lead volumes have weakened amid industry changes in online search. Management said lead-to-move-in conversion is near a recent high and is shifting sales efforts toward internally generated leads, but expects the improvement to take time.
• Third-quarter Adjusted EBITDA rose 12% year over year to $124.3 million, meeting expectations, while labor as a share of same-community revenue improved by 120 basis points. Management expects its labor-productivity actions to continue benefiting results, including in 2027.
• Brookdale completed the purchase of 17 communities it previously leased and agreed to acquire 30 more, moves that management expects to increase its owned share of the portfolio to about 80%. The company said greater ownership should reduce lease costs and support cash flow, though the transactions will be funded partly with debt.

Brookdale Senior Living Stock Performance

Brookdale Senior Living stock traded down $1.70 during midday trading on Friday, reaching $9.12. The stock had a trading volume of 25,482,001 shares, compared to its average volume of 5,815,569. Brookdale Senior Living has a twelve month low of $8.02 and a twelve month high of $17.09. The stock has a market capitalization of $2.18 billion, a PE ratio of -15.72, a price-to-earnings-growth ratio of 5.03 and a beta of 0.55. The stock’s 50-day simple moving average is $10.90 and its 200 day simple moving average is $13.26.

Key Stories Impacting Brookdale Senior Living

Here are the key news stories impacting Brookdale Senior Living this week:

• Negative Sentiment: Brookdale reported Q3 revenue of $712.1 million, below the roughly $721.3 million analysts expected. Its loss per share was $0.06, wider than the $0.03 loss consensus. The revenue and earnings misses likely weighed on the stock. Brookdale misses Q3 sales expectations Brookdale Announces Third Quarter 2026 Results

Wall Street Analyst Weigh In

A number of research firms have recently commented on BKD. Barclays dropped their price objective on shares of Brookdale Senior Living from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Brookdale Senior Living in a report on Monday, August 24th. Finally, Zacks Research raised shares of Brookdale Senior Living from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Brookdale Senior Living currently has a consensus rating of “Buy” and an average price target of $17.40.

Brookdale Senior Living Company Profile

Brookdale Senior Living, Inc (NYSE: BKD) is a U.S.-based operator of senior living communities. The company provides housing, care and support services for older adults through a range of offerings, including independent living, assisted living, memory care and continuing care retirement communities.

Brookdale’s services are designed to support residents with different levels of independence and care needs. Its communities generally provide accommodations, dining, wellness programs, social and recreational activities, transportation and assistance with daily living.