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Mar 31, 2022
Brookdale Q1 2022 Earnings Report
Brookdale had a strong start to the year with double-digit RevPAR growth and nearly doubled net hires from the previous quarter.
Key Takeaways
Brookdale announced strong first quarter results, with a significant increase in RevPAR and occupancy compared to the previous year. The company is making progress on its 2022 strategic priorities and accelerating its recovery.
First quarter consolidated revenue per available unit (RevPAR) increased 11.0% year-over-year.
First quarter consolidated weighted average occupancy increased 380 basis points compared to the prior year quarter.
First quarter consolidated revenue per occupied unit (RevPOR) increased 5.3% year-over-year.
Net hires nearly doubled from the fourth quarter.
Forward Guidance
The company reiterates its full year 2022 guidance.
Positive Outlook
- RevPAR growth: 10% - 12%
- Adjusted EBITDA: $240 million - $260 million
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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