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

Bright Horizons Family Solutions

03/05/2023 24:44

* Bright Horizons Family Solutions Inc  BFAM.N  reported
quarterly
adjusted earnings of 49 cents​​ per share for the quarter ended
in March. The mean expectation of nine analysts for the quarter
was for earnings of 39 cents per share.
    * Revenue rose 20.2% to $553.61 million from a year ago;
analysts
expected $530.33 million. 
    * Bright Horizons Family Solutions Inc's reported EPS for
the
quarter was 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 37.2%
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 0.6%
this quarter and gained 22.7% so far this year.
    * The company reported quarterly net income of $8.13
million.
    * Wall Street's median 12-month price target for Bright
Horizons
Family Solutions Inc is $82.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 11:43 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.39           0.49           Beat
 Dec. 31 2022      0.76           0.77           Beat
 Sep. 30 2022      0.64           0.66           Beat
 Jun. 30 2022      0.70           0.71           Beat