Brookdale Senior Living Earnings Preview: What to Expect
Brookdale Senior Living (NYSE: BKD) will release its Q4 financial results tomorrow after market close. Here's a preview of key metrics to watch:
Revenue:
* Analysts estimate a 3.6% year-over-year growth to $781.8 million, reflecting a slowdown from the previous quarter's 7.7% increase.
Earnings Per Share (EPS):
* Adjusted EPS is projected at -$0.24 per share, indicating a wider loss compared to the prior period.
Analysts' Expectations:
* Analysts have largely maintained their revenue and EPS estimates over the past month.
Recent Performance of Healthcare Peers:
* Centene (CNC) reported 3.4% revenue growth, exceeding expectations, while McKesson (MCK) saw a 17.8% revenue increase but missed estimates. Both companies saw declines in their stock prices after the results.
Valuation:
* Despite recent market optimism, healthcare provider stocks have generally underperformed, with an average price decrease of 2.3% over the last month.
* Brookdale has gained 1.2% during the same period and trades at $5.11 per share, compared to an average analyst price target of $7.38.
Conclusion:
Analysts expect Brookdale to post a modest increase in revenue and a wider loss in Q4. While the healthcare sector has faced headwinds, Brookdale's valuation remains relatively attractive compared to its peers. Investors should monitor the earnings report for further insights into the company's performance and outlook.