Brookdale Senior Living Inc. (BKD) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Rebecca and I will be your conference operator today. At this time, I would like to welcome everyone to the Brookdale Senior Living third quarter 2025 earnings call. Today's conference call is being recorded. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. At this time, I would like to turn the conference over to Mike Grant, Brookdale's Vice President of Investor Relations. Please go ahead. Thank you, Operator. Good morning, everyone, and welcome to Brookdale Senior Living's third quarter 2025 earnings call. Participating on today's call are Nick Stengel, Brookdale's recently appointed Chief Executive Officer, Don Cusso, our Executive Vice President and Chief Financial Officer, and Chad White, our Executive Vice President, General Counsel, and Secretary. On this call, we will discuss financial results for the third quarter of 2025, as well as updated financial guidance for the 2025 year. We'll also provide you with other general business updates. During today's call, our remarks, including our answers to your questions, will include forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act. These statements are made as of today's date, and we expressly disclaim any obligation to update these statements in the future. Actual results and performance may differ materially from forward-looking statements. Certain of the factors that could cause actual results to differ are detailed in the earnings release we issued after market yesterday, as well as in our Securities and Exchange Commission filings, including the risk factors included in our annual report on Form 10-K and quarterly reports on Form 1...