Brookdale Senior Living reports Q1 EPS (3c) vs. (28c) last year

Reports Q1 revenue $764.86M, consensus $772.16M. “Over the past six months, we have executed on a significant number of meaningful changes that have Brookdale strongly positioned for the next wave of growth,” said CEO Nick Stengle. “Our pricing is improving, our organization and cost structure are more streamlined, and our portfolio optimization is proceeding as planned. The table is now set for Brookdale to capitalize on the compelling supply-demand dynamic shaping up in the senior housing macroeconomic environment and to drive durable growth. Operating income improved from the start to the end of the quarter, and April’s occupancy trends are solidly on track for us to deliver on our full year 2026 guidance levels of RevPAR year-over-year growth of 8% to 9% and $502M-$516M in Adjusted EBITDA.”