BKD - Brookdale Senior Living rallies on Q4 narrowing net loss

Brookdale Senior Living ([[BKD]] +20.1%) Q4 revenue per occupied unit increased by 3.9% Y/Y on a a same community basis and the sequential occupancy decline moderated in Q4.As of Dec.31, 2020, liquidity increased to $575.5M which includes the impact of cash received from government funding.Net loss decreased to $44.1M from $91.3M in year ago quarter, due to $32.4M decrease in asset impairment expense and a $20.5M decrease in facility operating lease expense.As of Feb.22, 2021, the company completed 100% of first dose and approximately 85% of second dose COVID-19 vaccine clinics for residents and associates at the company's communities.Post its earnings release, the company inked definitive agreements with HCA Healthcare affiliates for the sale of 80% of the company's equity in its Health Care Services segment.The company expects non-development capex, net of lessor reimbursements, to be ~$140M for FY21.Previously: Brookdale Senior Living EPS misses by $0.09, beats on revenue (Feb.24)

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Brookdale Senior Living rallies on Q4 narrowing net loss