BRENTWOOD, Tenn. (AP) _ Brookdale Senior Living Inc. (BKD) on Wednesday reported a loss of $44.1 million in its fourth quarter.
The Brentwood, Tennessee-based company said it had a loss of 24 cents per share. Losses, adjusted for asset impairment costs and restructuring costs, were 17 cents per share.
The senior housing company posted revenue of $852.2 million in the period.
For the year, the company reported net income of $82 million, or 44 cents per share, swinging to a profit in the period. Revenue was reported as $3.54 billion.
In the final minutes of trading on Wednesday, the company’s shares hit $4.91. A year ago, they were trading at $7.46.
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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
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