Bright Horizons Family Solutions Inc expected to post earnings of 46 cents a share - Earnings Preview

Bright Horizons Family Solutions

30/04/2024 21:40

* 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 for the period ending March 31 2024
    * The Newton Massachusetts-based  company is expected to
report a
11.2% increase in revenue to $615.813 million from $553.61
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on February
13 2024, for the period ended March 31, was for revenue between
$608.97 million and $620.04 million.
    * ​LSEG's mean analyst estimate for Bright Horizons Family
Solutions Inc is for earnings of 46 cents per share. The
company's EPS guidance on February 13 2024, for the period ended
March 31, was between $0.42 and $0.47 
    * 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 $105.00​, below​ its last closing price
of $106.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.74        0.73       0.83      Beat    13.1
 Sep. 30 2023  0.82        0.81       0.88      Beat    8
 Jun. 30 2023  0.60        0.60       0.64      Beat    6.8​
 Mar. 31 2023  0.39        0.39       0.49      Beat    25.2
 ​​Dec.        0.76        0.76       0.77      Beat    1.6
 31 2022                                                
 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
 This summary was machine generated April 30 at 20:40 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)