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Sonida Senior Living, Inc. (SNDA)
:SNDA
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.78Last Year’s EPS
-0.86Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: -1.21%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong start to 2025 with significant growth in NOI, successful rate increases, and improvements in occupancy and employee turnover. However, the repositioning costs and challenges due to changes in the Medicaid program in Indiana presented some hurdles. Overall, the positive aspects significantly outweigh the challenges, indicating a favorable outlook.Company Guidance
In the Sonida Senior Living Q1 2025 earnings call, the company reported significant financial and operational growth metrics. Same-store portfolio net operating income (NOI) increased by 19.3% year-over-year, while the acquisition portfolio saw a sequential rise of 31.3% from Q4 2024, resulting in a total portfolio NOI growth of 37.6% year-over-year. Occupancy rates improved by 100 basis points year-over-year in the same-store portfolio and 70 basis points sequentially in the acquisition portfolio, with a total company occupancy of 84.7%. The average renewal rate increased by 6.6% on March 1st, impacting nearly 70% of the resident base, and a 7% increase in lead volume was reported. Additionally, the company highlighted a strategic focus on lowering employee turnover, which has reached its lowest quarterly level since tracking began. Looking ahead, Sonida is set to close two new acquisitions in Q2, aiming for a net operating income yield of 9.1% on cost, excluding one unopened asset acquired at the year-end, and a strategic repositioning of five communities to reduce Medicaid exposure and focus on private pay models.Strong NOI Growth
Same-store portfolio NOI grew by 19.3% year-over-year and the acquisition portfolio NOI increased 31.3% sequentially from Q4 2024, resulting in a total portfolio NOI growth of 37.6% year-over-year.
Successful Rate Increases
Achieved a portfolio-wide 6.6% average renewal rate increase on March 1st, impacting nearly 70% of the resident base.
Occupancy Improvement
Occupancy improved 100 basis points year-over-year in the same-store portfolio and 70 basis points sequentially from Q4 in the acquisition portfolio.
Employee Turnover Reduction
Achieved the lowest total company turnover percentage for a quarter since tracking began, with further reductions expected.
Future Growth Potential
Under contract to acquire two more communities in major Southeastern markets for a combined $22 million, with closings expected in Q2.
SNDA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SNDA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $24.70 | $27.13 | +9.84% |
Mar 17, 2025 | $23.57 | $24.48 | +3.86% |
Nov 13, 2024 | $23.86 | $22.59 | -5.32% |
Aug 12, 2024 | $29.36 | $29.01 | -1.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sonida Senior Living, Inc. (SNDA) report earnings?
Sonida Senior Living, Inc. (SNDA) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Sonida Senior Living, Inc. (SNDA) earnings time?
Sonida Senior Living, Inc. (SNDA) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNDA EPS forecast?
SNDA EPS forecast for the fiscal quarter 2025 (Q2) is -0.78.