** 3 days later **
Brookdale Senior Living reports Q4 (Dec) results, revs in-line :
- Reports Q4 (Dec) loss of $1.45 per share, may not be comparable to the Capital IQ Consensus of ($0.16); revenues fell 2.2% year/year to $1.21 bln vs the $1.22 bln Capital IQ Consensus.
- During the quarter, the Company incurred $76.3 million of impairment charges related to the transactions with HCP, Inc. which were announced in November 2016. Additionally, the Company incurred $145.6 million of non-cash impairment charges in conjunction with its annual impairment assessment.
- 2017 Outlook
- Adjusted EBITDA, excluding integration, transaction, transaction-related and strategic project costs $670 to $710
- Adjusted Free Cash Flow $140 to $170
- Proportionate share of Adjusted Free Cash Flow of unconsolidated ventures $25 to $35
No comments:
Post a Comment