Loading...
•
Mar 31, 2023
Brookdale Q1 2023 Earnings Report
Brookdale's Q1 2023 financial results exceeded expectations with significant year-over-year improvements in key metrics.
Key Takeaways
Brookdale Senior Living Inc. reported first quarter 2023 results above expectations, featuring year-over-year increases in RevPAR and RevPOR of 12.9% and 8.6%, respectively, on a consolidated basis. The company also highlighted that no mortgage debt maturities are expected until September 2024.
Delivered first quarter 2023 financial results above expectations.
Revenue per available unit (RevPAR) increased year-over-year 12.9% on a consolidated basis.
Revenue per occupied unit (RevPOR) increased year-over-year 8.6%, on a consolidated basis.
No mortgage debt maturities until September 2024 through proactive financing management.
Revenue by Segment
Forward Guidance
For the second quarter 2023, Brookdale is providing guidance of RevPAR year-over-year growth between 11.5% and 12.0% and Adjusted EBITDA between $72 million and $77 million.
Positive Outlook
- RevPAR year-over-year growth of 11.5% - 12.0%
- Adjusted EBITDA of $72 million - $77 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...