Bright Horizons Family Solutions Inc expected to post earnings of 39  cents a share - Earnings Preview

Bright Horizons Family Solutions

28/04/2023 23:04

* Bright Horizons Family Solutions Inc  BFAM.N   BFAM.K  is
expected to show a rise in quarterly revenue when it reports 
results on May 2. 
    * The Newton Massachusetts-based  company is expected to
report  a
15.2% increase in revenue to $530.325 million from $460.41
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
February 16 2023, for the period ended March 31, was for revenue
between $2.30 billion and $2.38 billion.
    * ​Refinitiv's mean analyst estimate for Bright Horizons
Family
Solutions Inc is for earnings of 39 cents per share. The
company's EPS guidance on February 16 2023, for the period ended
March 31, was between $0.37 and $0.42 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 $82​, above​ its last closing price
of $76.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.76        0.76       0.77      Beat    1.6
 Sep. 30 2022  0.64        0.64       0.66      Beat    3.2
 Jun. 30 2022  0.68        0.70       0.71      Beat    1.8​
 Mar. 31 2022  0.42        0.42       0.47      Beat    12.8
 ​​Dec.        0.64        0.63       0.65      Beat    3.2
 31 2021                                                
 Sep. 30 2021  0.66        0.63       0.64      Beat    1.6​
 Jun. 30 2021  0.35        0.35       0.49      Beat    40.6
 Mar. 31 2021  0.16        0.14       0.23      Beat    64.2
 This summary was machine generated April 28 at 22:04 GMT.  All
figures in US dollars  unless otherwise stated