U.S. Markets closed

Brookdale: 2Q Earnings Snapshot

BRENTWOOD, Tenn. (AP) _ Brookdale Senior Living Inc. (BKD) on Monday reported a loss of $55.5 million in its second quarter.

On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of 30 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.

The senior housing company posted revenue of $1.02 billion in the period.

Brookdale shares have increased roughly 10% since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.34, a drop of 14% in the last 12 months.


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