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

Brookdale Senior Living (NYSE:BKD) announced its quarterly earnings results on Friday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $712.07 million for the quarter, compared to analyst estimates 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 Price Performance

Shares of BKD stock traded down $1.70 during trading hours on Friday, reaching $9.12. 25,482,001 shares of the company’s stock were exchanged, compared to its average volume of 4,881,713. The company’s 50 day moving average is $10.96 and its two-hundred day moving average is $13.28. The company has a market cap of $2.18 billion, a P/E ratio of -15.72, a price-to-earnings-growth ratio of 5.39 and a beta of 0.55. Brookdale Senior Living has a 1 year low of $8.02 and a 1 year high of $17.09.

Analyst Upgrades and Downgrades

BKD has been the subject of several research analyst reports. Barclays lowered their target price 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. Zacks Research raised Brookdale Senior Living from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Brookdale Senior Living in a report on Monday, August 24th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $17.40.

More Brookdale Senior Living News

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

About Brookdale Senior Living

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.