Brookdale Senior Living Inc. (NYSE:BKD) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, BKD is expected to report 3Q20 loss of $ 0.28 per share from revenue of $ 841.25 million.
For the full year, analysts anticipate top line of $ 3535.75 million, while looking forward to income of $ 1.01 per share bottom line.
Previous Quarter Performance
Brookdale Senior Living Inc. recorded loss for the second quarter of $ 0.65 per share, from the revenue of $ 865.91 million. The quarterly revenues fell 15.06 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.50 per share from $ 854.40 million in revenue. The bottom line results missed street analysts by $ 0.15 or 30 percent, at the same time, top line results outshined analysts by $ 11.51 million or 1.35 percent.
Stock Performance
Shares of Brookdale Senior Living Inc. traded up $ 0.13 or 4.22 percent on Tuesday, reaching $ 3.21 with volume of 1.83 million shares. Brookdale Senior Living Inc. has traded high as $ 3.21 and has cracked $ 3.11 on the downward trend
According to the previous trading day, closing price of $ 3.21, representing a 109.52 % increase from the 52 week low of $ 1.47 and a 64.06 % decrease over the 52 week high of $ 8.57.
The company has a market capital of $ 588.20 million and is part of the Healthcare sector and Long-Term Care Facilities industry.
Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Independent Living, Assisted Living and Memory Care, CCRCs, Health Care Services, and Management Services.
