Bright Horizons Family Solutions Inc expected to post earnings of 73 cents a share - Earnings Preview

Bright Horizons Family Solutions

09/02/2024 23:46

* Bright Horizons Family Solutions Inc  BFAM.N   BFAM.K  is
expected to show a rise in quarterly revenue when it reports 
results on February 13 for the period ending December 31 2023
    * The Newton Massachusetts-based  company is expected to
report a
12.0% increase in revenue to $593.222 million from $529.52
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on November
1 2023, for the period ended December 31, was for revenue
between $575.00 million and $600.00 million.
    * ​LSEG's mean analyst estimate for Bright Horizons Family
Solutions Inc is for earnings of 73 cents per share. The
company's EPS guidance on November 1 2023, for the period ended
December 31, was between $0.72 and $0.77 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"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 $93.50​, below​ its last closing price
of $100.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.76        0.76       0.77      Beat    1.6
 ​​Sep.        0.64        0.64       0.66      Beat    3.2
 30 2022                                                
 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
 This summary was machine generated February 9 at 23:46 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)