Brookdale reports 4Q loss

Brookdale Senior Living posts 4Q revenue of $1.21 billion, result misses forecasts

BRENTWOOD, Tenn. (AP) _ Brookdale Senior Living Inc. (BKD) on Monday reported a loss of $268.5 million in its fourth quarter.

The Brentwood, Tennessee-based company said it had a loss of $1.45 per share. Earnings, adjusted for non-recurring costs, came to 44 cents per share.

The senior housing company posted revenue of $1.21 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.22 billion.

For the year, the company reported that its loss narrowed to $404.4 million, or $2.18 per share. Revenue was reported as $4.98 billion.

Brookdale shares have increased 19 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $14.84, a rise of 22 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKD at https://www.zacks.com/ap/BKD

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Keywords: Brookdale Senior Living, Earnings Report

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