Kindercare Learning Companies Inc reports results for the quarter ended June 30 - Earnings Summary

• Kindercare Learning Companies Inc KLC.N reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended June 30. The mean expectation of eight analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 23 cents to 29 cents per share.

• Revenue was $700.11 million​; analysts expected $705.65 million.

• Kindercare Learning Companies Inc's reported EPS for the quarter was 33 cents​.

• The company reported quarterly net income of $38.59 million.

• Kindercare Learning Companies Inc shares had fallen by 4.7% this quarter and lost 45.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.4% 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 "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "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 Kindercare Learning Companies Inc is $20.00, about 51.8% above its last closing price of $9.63

This summary was machine generated from LSEG data August 12 at 09:01 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)