Brookdale Senior Living Inc. Scheduled To Post Earnings On Tuesday
October 31, 2016
Brookdale Senior Living Inc. (NYSE:BKD) will be posting its Q316 quarterly earnings results on Tuesday, November 1st. Analysts expect Brookdale Senior Living to post earnings of $0.62 per share and revenue of $1.26 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Brookdale Senior Living (NYSE:BKD) last released its earnings results on Monday, August 8th. The company reported ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of $0.59 by $0.78. Brookdale Senior Living had a positive return on equity of 10.13% and a negative net margin of 6.54%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the firm earned ($0.46) EPS. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, analysts expect Brookdale Senior Living to post $2.52 EPS for the current fiscal year and $2.72 EPS for the next fiscal year.
Earnings History for Brookdale Senior Living (NYSE:BKD)
Brookdale Senior Living Inc. (NYSE:BKD) traded up 0.61% during midday trading on Monday, hitting $14.76. The company had a trading volume of 2,484,383 shares. The company’s market cap is $2.74 billion. The firm has a 50-day moving average price of $16.54 and a 200-day moving average price of $17.17. Brookdale Senior Living Inc. has a 12 month low of $11.28 and a 12 month high of $23.92.
A number of hedge funds have recently bought and sold shares of the company. Janus Capital Management LLC bought a new stake in Brookdale Senior Living during the second quarter worth $168,000. First Allied Advisory Services Inc. boosted its stake in Brookdale Senior Living by 15.8% in the second quarter. First Allied Advisory Services Inc. now owns 12,410 shares of the company’s stock worth $193,000 after buying an additional 1,690 shares during the last quarter. Stevens Capital Management LP bought a new stake in Brookdale Senior Living during the second quarter worth $213,000. Pacer Advisors Inc. bought a new stake in Brookdale Senior Living during the second quarter worth $224,000. Finally, Ameriprise Financial Inc. boosted its stake in Brookdale Senior Living by 12.8% in the second quarter. Ameriprise Financial Inc. now owns 15,150 shares of the company’s stock worth $234,000 after buying an additional 1,723 shares during the last quarter.
Several equities research analysts have weighed in on the company. Jefferies Group set a $29.00 price target on Brookdale Senior Living and gave the stock a “buy” rating in a report on Monday, September 19th. Zacks Investment Research upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Tuesday, August 9th. TheStreet upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Thursday, September 22nd. JMP Securities dropped their price objective on Brookdale Senior Living from $30.00 to $29.00 and set a “market outperform” rating on the stock in a report on Wednesday, August 24th. Finally, Wells Fargo & Co. reiterated a “buy” rating on shares of Brookdale Senior Living in a report on Monday, October 10th. One analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Brookdale Senior Living currently has a consensus rating of “Buy” and a consensus target price of $23.83.
