Brookdale Senior Living has announced its second quarter results, falling short of analysts' estimates.

The company saw a loss of $0.18 per share, compared to the Zacks consensus estimate of $0.14 per share . The company attributes the net income loss to an increase in facility operating expense (wages, building maintenance and advertising).

Relatedly, Brookdale has increased its annual guidance.

During the second quarter, Brookdale CEO Cindy Baier abruptly left the company after seven years in the top spot.

“As a result of our continued operational execution and strong occupancy performance, we were able to raise our annual guidance ranges for a second consecutive quarter,” Denise Warren, Brookdale’s interim CEO and chairman, said in a release.

“Our occupancy performance

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