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Brookdale Senior Living Inc. Message Board

  • Just saw the 10Q for Q3. Revenue up nicely ($558 vs. $505) but expenses up ($369 vs. $329) as well. Interest expense up $3 and depreciation up as well.

    Loss before income tax was $(29) but the income tax "benefit" of $12 mitigated the net loss to $(17).

    Guess the loss of $.14 per share could have been much worse in the absence of the income tax benefit. Always a little wary of companies whose results are improved net of tax benefits. Didn't review the balance sheet but the tax asset must be a fairly large number.

 
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