SNDA Earnings Prediction
The chart below shows how SNDA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SNDA sees a -0.75% change in stock price 10 days leading up to the earnings, and a -3.40% change 10 days following the report. On the earnings day itself, the stock moves by -4.54%. This data can give you a slight idea of what to expect for the next quarter's release.
SNDA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
74.75M
15.58%
6.47%
Gross Margin
--
--
--
Operating Margin
-6.57%
10.05%
230.15%
Net Margin
-19.08%
-32.98%
36.48%
EPS
-0.98
-64.87%
13.95%
No Data Available
SNDA Earnings Analysis
Sonida Senior Living, Inc. Corporation (SNDA.N) Earnings Conference Call
Positive
Community Acquisitions Overview: We completed acquisitions of fourteen new communities with more than $160 million in total asset value.
New Secured Line of Credit: We put in place a new $150 million secured line of credit on advantageous terms.
Successful Equity Offering: The company successfully accessed public capital in a broad overnight equity offering resulting in $130 million of new capital at a price of $27 per share.
Mortgage Extension Agreement: We recently reached an agreement with Fannie Mae to extend $220 million of outstanding mortgages covering eighteen communities, currently with a maturity date of December 31, 2026, to a new revised maturity date of January 1, 2029.
Consistent Revenue and Occupancy Growth: The same-store revenue, community net operating income, resident rates, and occupancy demonstrated continuing gains year over year.
Negative
Occupancy Rate Decline: The company reported a decline in occupancy rates, with a decrease of 0.5% from Q2 2024 attributed to a shift in occupancy mix.
Labor Cost Increase: The total labor costs increased approximately $400,000 from the prior quarter, indicating rising operational expenses.
Public Company Costs Impact: The company incurred approximately $4.5 million of public company costs annually, impacting overall profitability.
Wage Rate Increase Analysis: The annual increase in average wage rate from Q3 2023 to Q3 2024 was 3.5%, slightly below inflationary levels, suggesting potential wage pressure.
Occupancy Rate Decline: The company experienced a sequential quarterly rated decline in occupancy, reflecting challenges in maintaining occupancy levels.
SNDA FAQs
How does SNDA typically perform around its earnings report dates?
Is Sonida Senior Living, Inc. (SNDA) Q3 2024 Earnings Call Summary positive or negative?
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SNDA Earning Call Sentiment
Sonida Senior Living, Inc. (SNDA) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SNDA.N
0%Positive
The earnings call summary indicates strong financial performance with significant NOI growth, improved occupancy rates, and successful capital allocation strategies, including a new credit line and equity offering. Despite competitive pressures and debt management challenges, the company shows a clear path to deleveraging and future cash flow positivity. The Q&A section did not reveal significant negative concerns. Given the optimistic guidance and strategic acquisitions, the stock is likely to see a positive movement of 2% to 8% over the next two weeks.
