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Peek into Nursing Home Stocks' Q1 Earnings: BKD, GEN, TMH

Medical is one of the 7 Zacks sectors that are expected to report earnings growth in the March quarter. As per the latest Earnings Trend Report, 75.5% of the Medical sector companies have already released their results, clocking earnings growth of 8.8% and revenue improvement of 11.2%.

Nursing Home is a small component of the medical sector and is expected to follow suit. Half of the Nursing Home companies in the Zacks Universe have already released their results.

We now take a look at 3 Nursing Home operators lined up to report earnings on May 9:

Brookdale Senior Living Inc. BKD is the largest operator of senior living communities in the U.S. and serves approximately 108,000 residents. Our proven model does not conclusively show that the company is likely to beat first-quarter 2016 earnings, given the combination of Zacks Rank #3 (Hold) and Earnings ESP of 0.00%.

Per our model, a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 to beat earnings.

Moreover, we note that Brookdale’s results compared unfavorably with the Zacks Consensus Estimate in the last four quarters, with an average miss of 41.4%.



Genesis Healthcare Inc. GEN is one of the largest post-acute care providers in the U.S. The company’s skilled nursing and assisted/senior living facilities have 62,031 licensed beds.

Genesis has an impressive track record, having beaten estimates comfortably in all of the last four quarters. However, the company’s Zacks Rank #3 and Earnings ESP of 0.00% make surprise prediction difficult for its upcoming first-quarter 2016 release.



Team Health Holdings Inc. TMH is a supplier of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the U.S.

Our proven model does not conclusively show that the company is likely to beat estimates in first-quarter 2016, given its combination of Zacks Rank #3 and Earnings ESP of 0.00%.

We note that Team Health has posted a positive earnings surprise of 2.87% on an average over the last four quarters.



Check later on our full write-up on earnings releases of these stocks!
 

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
BROOKDALE SENR (BKD): Free Stock Analysis Report
 
GENESIS HLTHCR (GEN): Free Stock Analysis Report
 
TEAM HEALTH HLD (TMH): Free Stock Analysis Report
 
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