Brookdale (BKD) Down 7% Since Q2 Earnings Miss on Lower Interest
BKDBrookdale Senior Living(BKD) ZACKS·2024-08-21 01:45

Brookdale Senior Living Inc.’s (BKD) shares have declined 7% since it reported weak second-quarter 2024 results on Aug 8, 2024, after the closing bell. An elevated expense level and declining interest income affected its profits. The negatives were partially offset by the growing occupancy rate and Revenue per available unit (“RevPAR”).BKD incurred a second-quarter adjusted loss of 17 cents per share, wider than the Zacks Consensus Estimate of a loss of 13 cents per share and the year-ago quarter’s loss of ...