Bright Horizons Family Solutions Inc reports results for the quarter ended December 31 - Earnings Summary

• Bright Horizons Family Solutions Inc BFAM.N reported quarterly adjusted earnings of 98 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 83 cents. The mean expectation of nine analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 87 cents to 92 cents per share.

• Revenue rose 9.5% to $674.15 million from a year ago; analysts expected $672.10 million.

• Bright Horizons Family Solutions Inc's reported EPS for the quarter was 50 cents​.

• The company reported quarterly net income of $29.12 million.

• Bright Horizons Family Solutions Inc shares had risen by 6.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the personal services peer group is also "buy"

Wall Street's median 12-month price target for Bright Horizons Family Solutions Inc is $131.00

This summary was machine generated from LSEG data February 13 at 10:38 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)