Bright Horizons Family Solutions Inc expected to post earnings of 70  cents a share - Earnings Preview

Bright Horizons Family Solutions

30/07/2022 01:54

* Bright Horizons Family Solutions Inc  BFAM.N   BFAM.K  is
expected to show a rise in quarterly revenue when it reports 
results on August 2. 
    * The Newton Massachusetts-based  company is expected to
report  a
14.0% increase in revenue to $503.463 million from $441.48
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bright Horizons
Family
Solutions Inc is for earnings of 70 cents per share. For the
same quarter last year, the company reported earnings of 49
cents per share.
    * 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 $120.5​, above​ its last closing price
of $93.67. ​​​
    * 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 2022  0.42        0.42       0.47      Beat    12.8
 Dec. 31 2022  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
 ​​Mar.        0.16        0.14       0.23      Beat    64.2
 31 2021                                                
 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
 This summary was machine generated July 30 at 00:54 GMT.  All
figures in US dollars  unless otherwise stated