Bright Horizons Family Solutions Inc reports results for the quarter ended in June

Reuters

Bright Horizons Family Solutions Inc reports results for the quarter ended in June - Earnings Summary

2024 8월 1, 오후 11:27 GMT

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Bright Horizons Family Solutions Inc BFAM.N reported quarterly adjusted earnings of 88 cents per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 64 cents. The mean expectation of ten analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 70 cents to 75 cents per share.
Revenue rose 11.1% to $670.06 million from a year ago; analysts expected $665.68 million.
Bright Horizons Family Solutions Inc's reported EPS for the quarter was 67 cents.
The company reported quarterly net income of $39.17 million.
Bright Horizons Family Solutions Inc shares had risen by 9.2% this quarter and gained 27.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the personal services peer group is also "hold"

Wall Street's median 12-month price target for Bright Horizons Family Solutions Inc is $117.00

This summary was machine generated from LSEG data August 1 at 11:27 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Jun. 30 2024	0.73	0.88	Beat
Mar. 31 2024	0.46	0.51	Beat
Dec. 31 2023	0.73	0.83	Beat
Sep. 30 2023	0.81	0.88	Beat

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Bright Horizons Family Solutions Inc reports results for the quarter ended in June - Earnings Summary

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