Brookdale Senior Living cuts 2026 adjusted EBITDA and RevPAR guidance after Q3 loss
Brookdale Senior Living reported a third‑quarter 2026 net loss of $13.9 million and adjusted EBITDA of $124.3 million, up 12% year‑over‑year. Occupancy rose to 83.1% but a fire at its Clinton, Mississippi community and slower occupancy growth hurt RevPAR, which grew 7.5% YoY. The company lowered its full‑year 2026 adjusted EBITDA outlook to $495 million‑$502 million and its RevPAR growth target to 7.4%‑7.9%.
Why it matters
The reduced EBITDA and RevPAR guidance narrows the upside for investors and may pressure the stock, as the company now expects lower earnings than consensus forecasts (the company lowered guidance in its own release).
Key facts
- 1Net loss for Q3 2026 was $13.9 million, compared with $114.7 million in Q3 2025. prnewswire.com
- 2Adjusted EBITDA for Q3 2026 was $124.3 million, a 12.0% increase over the same quarter a year earlier. prnewswire.com
- 3Consolidated weighted‑average occupancy improved to 83.1%, up 130 basis points from 81.8% a year ago. prnewswire.com
- 4RevPAR increased 7.5% year‑over‑year to $5,546 per unit. prnewswire.com
- 5Full‑year 2026 adjusted EBITDA guidance was revised to $495 million‑$502 million. prnewswire.com
- 6Full‑year 2026 RevPAR growth guidance was revised to a range of 7.4%‑7.9%. prnewswire.com
Open questions
- Revenue figure differs between sources: $707.3 million (source 1) versus $712.1 million (sources 5‑7).
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.