NYSE$BKD

Brookdale Senior Living Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Announced fourth quarter and full year 2019 results.

Brookdale Senior Living Inc. reported their Q4 2019 results, highlighting that they achieved full year financial results within or better than original 2019 guidance ranges.

  • Achieved full year 2019 financial results within or better than original 2019 guidance ranges.
  • Same community fourth quarter revenue increased 2.1% year-over-year.
  • Same community fourth quarter weighted average occupancy improved 30 basis points on a sequential basis, better than the industry.
  • In January 2020, acquired 26 previously leased communities, increasing the size of the Company's owned real estate portfolio.

Headline financials

Total Revenue

$987M

Previous: $1.07B-7.7%
EPS (adj)

-$0.49

Previous: -$0.45-8.9%
Adjusted EBITDA

$100M

No prior period
Capital Expenditures

$97.7M

Previous: $56.1M+74.1%
Free Cash Flow

-$9.63M

Previous: -$22.7M+57.5%
Net Income

-$91.3M

Previous: $132M-169.4%
Operating Income

-$43.1M

Previous: -$46.5M+7.1%
Gross Profit

$211M

Previous: $238M-11.1%
Cash & Equivalents

$240M

Previous: $398M-39.7%
Total Assets

$7.19B

Previous: $6.47B+11.2%
Stock-Based Comp

$4.71M

Previous: $5.36M-12.1%

Revenue & EPS history

Brookdale · Revenue · Quarterly

$987M

Q4 2019-7.7%vs Q4 2018
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Brookdale · $810M total across 2 segments · Q4 2019

  • Resident fees
    $797M
  • Management fees
    $12.4M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-0.4%

Avg return

Earnings day

+1.0%

Avg return

5 days after

-2.3%

Avg return

30 days after

42%

27 / 64 earnings

Positive

+22.1%

Q2 2023

Best reaction

-23.4%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.0%-8.6%-13.0%
Q4 2025-9.7%-7.2%-17.0%
Q3 2025-1.5%+10.1%+16.3%
Q1 2025-2.4%+1.3%-1.0%
Q4 2024+2.6%+6.4%+13.6%
Q3 2024-8.9%-8.5%-11.3%
Q2 2024-5.2%-2.6%-6.3%
Q1 2024-4.1%-3.3%-9.3%
Q4 2023-10.9%-14.4%+5.3%
Q3 2023+6.5%+1.0%+25.4%
Q2 2023+22.1%+12.0%+5.9%
Q1 2023+0.3%-5.6%+1.8%
Q4 2022+8.8%+7.2%-23.5%
Q3 2022-0.2%+11.9%-31.2%
Q2 2022+8.9%+16.9%+3.5%
Q1 2022-3.9%-5.1%-11.4%
Q4 2021+15.3%+16.8%+23.9%
Q3 2021+14.2%+8.3%-12.4%
Q2 2021-2.8%-7.9%-3.5%
Q1 2021+10.9%+8.2%+2.9%
Q4 2020+17.8%+15.4%+23.3%
Q3 2020-14.3%+21.5%+38.3%
Q2 2020-3.0%-6.6%-8.6%
Q1 2020-5.9%+1.6%+30.5%
Q4 2019+21.1%+15.3%-70.6%
Q3 2019-3.5%-2.4%-3.7%
Q2 2019+2.8%+5.3%+4.5%
Q1 2019+9.8%+9.6%-3.1%
Q4 2018-13.3%-11.9%-14.8%
Q3 2018+4.2%-0.3%-5.5%
Q2 2018-4.0%-7.7%+12.5%
Q1 2018+6.7%+4.9%+21.5%
Q4 2017-23.4%-23.5%-23.3%
Q3 2017-15.7%-2.1%-2.3%
Q2 2017-1.7%-4.6%-12.0%
Q1 2017-0.1%+8.6%+3.7%
Q4 2016-1.4%-5.1%-19.0%
Q3 2016-17.3%-13.4%-21.9%
Q2 2016+4.3%-1.3%+3.3%
Q1 2016+0.0%
Q4 2015-21.0%
Q3 2015+3.0%
Q2 2015-7.5%
Q1 2015+3.0%
Q4 2014-0.7%
Q3 2014+1.3%
Q2 2014-1.2%
Q1 2014-1.0%
Q4 2013+6.8%
Q3 2013+6.2%
Q2 2013-0.3%
Q1 2013+9.3%
Q4 2012-3.1%
Q3 2012+2.1%
Q2 2012+2.3%
Q1 2012-3.1%
Q4 2011-1.8%
Q3 2011-6.7%
Q2 2011-6.1%
Q1 2011+3.8%
Q4 2010+1.3%
Q3 2010-5.7%
Q2 2010-2.2%
Q1 2010-8.7%

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