Brookdale Senior Living (BKD) Set to Announce Earnings on Wednesday

Brookdale Senior Living (NYSE:BKD - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.16) per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.04). The business had revenue of $777.54 million for the quarter. Brookdale Senior Living had a negative return on equity of 51.31% and a negative net margin of 6.75%. During the same quarter last year, the business posted ($0.15) EPS. On average, analysts expect Brookdale Senior Living to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Brookdale Senior Living Stock Performance

Shares of NYSE BKD traded up $0.08 during mid-day trading on Wednesday, hitting $6.34. The company had a trading volume of 167,994 shares, compared to its average volume of 2,032,100. Brookdale Senior Living has a 12 month low of $3.66 and a 12 month high of $8.12. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of -8.21 and a beta of 1.31. The company has a debt-to-equity ratio of 11.21, a current ratio of 0.79 and a quick ratio of 0.79. The firm's 50 day simple moving average is $6.58 and its two-hundred day simple moving average is $6.86.

Analyst Upgrades and Downgrades

BKD has been the topic of a number of recent research reports. Macquarie reiterated an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research note on Wednesday, October 9th. Jefferies Financial Group assumed coverage on shares of Brookdale Senior Living in a research report on Wednesday, October 16th. They issued a "buy" rating and a $8.00 price objective on the stock. Royal Bank of Canada restated an "outperform" rating and issued a $9.00 target price on shares of Brookdale Senior Living in a research report on Wednesday, October 9th. Finally, Bank of America cut Brookdale Senior Living from a "neutral" rating to an "underperform" rating and cut their price target for the company from $7.75 to $6.00 in a report on Monday, October 7th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company's stock. According to MarketBeat, Brookdale Senior Living presently has a consensus rating of "Hold" and an average price target of $7.75.

About Brookdale Senior Living

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.