Brookdale Senior Living Inc. (NYSE:BKD) posted its quarterly earnings data on Monday. The company reported ($0.25) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by $0.02, Bloomberg Earnings reports. Brookdale Senior Living had a positive return on equity of 13.22% and a negative net margin of 9.77%. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the firm posted ($0.19) earnings per share. The company’s quarterly revenue was down 5.7% on a year-over-year basis.
Shares of Brookdale Senior Living (BKD) traded down 8.54% on Monday, hitting $12.00. 6,933,715 shares of the company traded hands. The company’s market capitalization is $2.23 billion. Brookdale Senior Living has a 12 month low of $10.65 and a 12 month high of $18.46. The stock’s 50-day moving average price is $14.55 and its 200-day moving average price is $14.02.
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BKD has been the subject of several research reports. Jefferies Group LLC reiterated a “buy” rating and set a $16.50 price objective on shares of Brookdale Senior Living in a research note on Friday, July 14th. Zacks Investment Research upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Thursday, May 11th. BidaskClub downgraded shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, ValuEngine downgraded shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Three research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $18.86.
About Brookdale Senior Living
Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.
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