Bright Horizons Family Solutions Inc expected to post earnings of 64cents a share - Earnings Preview

Bright Horizons Family Solutions

29/10/2022 24:03

* Bright Horizons Family Solutions Inc  BFAM.N   BFAM.K  is
expected to show a rise in quarterly revenue when it reports 
results on November 1. 
    * The Newton Massachusetts-based  company is expected to
report  a
13.9% increase in revenue to $524.226 million from $460.33
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
August 2 2022, for the period ended September 30, was for
revenue between $515.57 million and $533.99 million.
    * ​Refinitiv's mean analyst estimate for Bright Horizons
Family
Solutions Inc is for earnings of 64 cents per share. The
company's EPS guidance on August 2 2022, for the period ended
September 30, was between USD0.6 and USD0.65 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 $83​, above​ its last closing price
of $63.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.64        0.63       0.65      Beat    3.2​
 Sep. 30 2021  0.66        0.63       0.64      Beat    1.6
 ​​Jun.        0.35        0.35       0.49      Beat    40.6
 30 2021                                                
 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
 This summary was machine generated October 28 at 23:03 GMT.  All
figures in US dollars  unless otherwise stated