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

Bright Horizons Family Solutions

30/07/2024 23:57

* 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 for the period ending June 30 2024
    * The Newton Massachusetts-based  company is expected to
report a
10.4% increase in revenue to $665.684 million from $603.22
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue between
$657.51 million and $669.57 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 May 2 2024, for the period ended June
30, was between $0.70 and $0.75 
    * 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 $117.00​, below​ its last closing price
of $122.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.46        0.46       0.51      Beat    11.4
 Dec. 31 2024  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.        0.39        0.39       0.49      Beat    25.2
 31 2023                                                
 Dec. 31 2022  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
 This summary was machine generated July 30 at 22:56 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)