Brookdale Swings to Q2 Profit, RevPAR Jumps 8.2% on Higher Occupancy
BKD sits 97% above its 52-week low of $6.995.
Summary
Brookdale returned to profitability in Q2 with net income of $23.3 million, driven by an 8.2% RevPAR increase to $5,500 and a $45.4 million gain on community sales. Adjusted EBITDA of $122.1 million slightly beat the $121.2 million consensus. The company reiterated full-year RevPAR growth guidance of 8-9% and Adjusted EBITDA of $502-$516 million, signaling confidence in sustained operational momentum. This follows the July occupancy growth update and the recent $157 million acquisition of 17 leased communities, reinforcing the portfolio optimization strategy. The results confirm the senior housing recovery is translating into earnings, with same-community growth offsetting disposition-related revenue declines.
At the time of this announcement, BKD was trading at $13.80 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $7.00 to $17.09. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.