Bright Horizons Family Solutions Inc reports results for the quarter ended in December - Earnings Summary

Bright Horizons Family Solutions

13/02/2024 23:27

* Bright Horizons Family Solutions Inc  BFAM.N  reported
quarterly
adjusted earnings of 83 cents​​ per share for the quarter ended
in December, higher than the same quarter last year, when the
company reported EPS of 77 cents.  The mean expectation of
ten analysts for the quarter was for earnings of 73 cents per
share. Wall Street expected results to range from 71 cents to 77
cents per share.
    * Revenue rose 16.3% to $615.65 million from a year ago;
analysts
expected $593.22 million. 
    * Bright Horizons Family Solutions Inc's reported EPS for
the
quarter was 9 cents​.
    * The company reported quarterly net income of $5.52
million.
    * Bright Horizons Family Solutions Inc shares had risen
by 5.5%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the personal
services
peer group is also "hold"

Wall Street's median 12-month price target for Bright Horizons
Family Solutions Inc is $93.50 
This summary was machine generated from LSEG data February 13 at
11:27 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.73           0.83           Beat
 Sep. 30 2023      0.81           0.88           Beat
 Jun. 30 2023      0.60           0.64           Beat
 Mar. 31 2023      0.39           0.49           Beat