Bright Horizons Family Solutions Inc expected to post earnings of 35 cents a share - Earnings Preview

Bright Horizons Family Solutions

03/08/2021 01:22

* Bright Horizons Family Solutions Inc  BFAM.N   BFAM.K  is
expected to show a rise in quarterly revenue when it reports
results on August 4. 
* The Newton, Massachusetts-based company is expected to report 
 a 48.5% increase in revenue to $436.225 million from $293.77
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Bright Horizons Family
Solutions Inc is for earnings of 35 cents per share. For the
same quarter last year, the company reported earnings of 44
cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 2 "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 $171.5​, about 13% above​ its last
closing price of $149.13. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.16        0.14       0.23      Beat    64.2
 Dec. 31 2020  -0.21       -0.19      0.36      Beat    285.9
 Sep. 30 2020  -0.50       -0.49      0.02      Beat    104.1​
 Jun. 30 2020  -0.59       -0.58      0.44      Beat    175.6
 Mar.          0.76​       0.75       0.74      Missed  -1.4​
 31​ 2020​                                              
 Dec. 31 2019  0.97        0.97       1.01      Beat    4.3​
 Sep. 30 2019  0.86        0.86       0.86      Met     -0.1
 Jun. 30 2019  0.98        0.98       0.99      Beat    1.3
 This summary was machine generated August 3 at 00:22 GMT.  All
figures in US dollars unless otherwise stated