Bright Horizons Family Solutions Inc expected to post earnings of 60  cents a share - Earnings Preview

Bright Horizons Family Solutions

29/07/2023 03:02

* Bright Horizons Family Solutions Inc  BFAM.N   BFAM.K  is
expected to show a rise in quarterly revenue when it reports 
results on August 1. 
    * The Newton Massachusetts-based  company is expected to
report  a
19.2% increase in revenue to $584.25 million from $490.34
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on May
2 2023, for the period ended June 30, was for revenue between
$573.70 million and $593.31 million.
    * ​Refinitiv's mean analyst estimate for Bright Horizons
Family
Solutions Inc is for earnings of 60 cents per share. The
company's EPS guidance on May 2 2023, for the period ended June
30, was between $0.57 and $0.62 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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 $91​, below​ its last closing price
of $96.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.39        0.39       0.49      Beat    25.2
 Dec. 31 2023  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.        0.42        0.42       0.47      Beat    12.8
 31 2022                                                
 Dec. 31 2021  0.64        0.63       0.65      Beat    3.2​
 Sep. 30 2021  0.66        0.63       0.64      Beat    1.6
 Jun. 30 2021  0.35        0.35       0.49      Beat    40.6
 This summary was machine generated July 29 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated