Brookdale Senior Living Inc BKD:NYSE

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Brookdale Senior Living (BKD) on Monday posted a Q4 net loss of $0.44 per share, which widened from its loss of $0.24 per share in the prior-year period.

Two analysts polled by Capital IQ called for a GAAP loss of $0.43 per share.

Revenue for the quarter was $643.9 million, down from $852.2 million reported a year earlier by the operator of senior living communities. Four analysts polled by Capital IQ expected $645.9 million.

For 2022, the company said it is expecting revenue per available unit growth of 10% to 12%.

Shares were up 18% in midday Tuesday trading while the trading volume was approaching 5.6 million against a daily average of 2.5 million shares.

Price: 6.36, Change: +0.97, Percent Change: +18.00