Bright Horizons Family Solutions Inc expected to post earnings of 81  cents a share - Earnings Preview

Bright Horizons Family Solutions

31/10/2023 02:06

* 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
14.6% increase in revenue to $619.033 million from $540.22
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
August 1 2023, for the period ended September 30, was for
revenue between $610.44 million and $621.25 million.
    * ​Refinitiv's mean analyst estimate for Bright Horizons
Family
Solutions Inc is for earnings of 81 cents per share. The
company's EPS guidance on August 1 2023, for the period ended
September 30, was between $0.80 and $0.85 
    * 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 $90.5​, above​ its last closing price
of $74.00. ​​​

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 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. 30 2022  0.64        0.64       0.66      Beat    3.2
 ​​Jun.        0.68        0.70       0.71      Beat    1.8
 30 2022                                                
 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
 This summary was machine generated October 31 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated