Bright Horizons Family Solutions Inc expected to post earnings of $1.06 a share - Earnings Preview

Bright Horizons Family Solutions

02/11/2024 04:04

* Bright Horizons Family Solutions Inc  BFAM.N   BFAM.K  is
expected to show a rise in quarterly revenue when it reports 
results on November 4 for the period ending September 30 2024
    * The Newton Massachusetts-based  company is expected to
report a
10.3% increase in revenue to $712.408 million from $645.79
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Bright Horizons Family
Solutions Inc is for earnings of $1.06 per share. The company's
EPS guidance on August 1 2024, for the period ended September
30, was between $1.40 and $1.90 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bright
Horizons
Family Solutions Inc is 140.00​, above​ its last closing price
of $133.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.73        0.73       0.88      Beat    20.6
 Jan. 1 2024   0.46        0.46       0.51      Beat    11.4
 Dec. 31 2023  0.74        0.73       0.83      Beat    13.1​
 Jan. 1 0001   0.82        0.81       0.88      Beat    8
 ​​Jan.        0.60        0.60       0.64      Beat    6.8
 1 0001                                                 
 Mar. 31 2023  0.39        0.39       0.49      Beat    25.2​
 Jan. 1 0001   0.76        0.76       0.77      Beat    1.6
 Jan. 1 0001   0.64        0.64       0.66      Beat    3.2
 This summary was machine generated November 2 at 04:03 GMT.  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)