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

Bright Horizons Family Solutions

01/08/2023 23:44

* Bright Horizons Family Solutions Inc  BFAM.N  reported
quarterly
adjusted earnings of 64 cents​​ per share for the quarter ended
in June. The mean expectation of ten analysts for the quarter
was for earnings of 60 cents per share.
    * Revenue rose 23% to $603.22 million from a year ago;
analysts
expected $584.25 million. 
    * Bright Horizons Family Solutions Inc's reported EPS for
the
quarter was 35 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Bright Horizons Family Solutions Inc shares had risen
by 5.0%
this quarter and gained 53.8% so far this year.
    * The company reported quarterly net income of $20.59
million.
    * Wall Street's median 12-month price target for Bright
Horizons
Family Solutions Inc is $91.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.60           0.64           Beat
 Mar. 31 2023      0.39           0.49           Beat
 Dec. 31 2022      0.76           0.77           Beat
 Sep. 30 2022      0.64           0.66           Beat