Bright Horizons Family Solutions Inc expected to post earnings of $1.06 a share - Earnings Preview

Reuters
2024-11-02

* Bright Horizons Family Solutions Inc is expected to show a rise in quarterly revenue when it reports results on November 4 for the period ending September 30 2024

* The Newton Massachusetts-based company is expected to report a 10.3% increase in revenue to $712.408 million from $645.79 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Bright Horizons Family Solutions Inc is for earnings of $1.06 per share. The company's EPS guidance on August 1 2024, for the period ended September 30, was between $1.40 and $1.90

* 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 140.00​, above​ its last closing price of $133.54. ​​​

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 0.73 0.73 0.88 Beat 20.6

Jan. 1 2024 0.46 0.46 0.51 Beat 11.4

Dec. 31 2023 0.74 0.73 0.83 Beat 13.1​

Jan. 1 0001 0.82 0.81 0.88 Beat 8

​​Jan. 0.60 0.60 0.64 Beat 6.8

1 0001

Mar. 31 2023 0.39 0.39 0.49 Beat 25.2​

Jan. 1 0001 0.76 0.76 0.77 Beat 1.6

Jan. 1 0001 0.64 0.64 0.66 Beat 3.2

This summary was machine generated November 2 at 04:03 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)

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