Bright Horizons Family Solutions (BFAM) Tops Q4 EPS by 3c

Bright Horizons Family Solutions (NYSE: BFAM) reported Q4 EPS of $0.47, $0.03 better than the analyst estimate of $0.44. Revenue for the quarter came in at $372 million versus the consensus estimate of $371.34 million.

As described below, the Company is providing certain financial guidance. For the full year 2016, the Company currently expects:

• Overall revenue growth in 2016 in the range of 8-10%
• Adjusted EBITDA growth in 2016 in the range of 13-14%
• Adjusted net income growth in 2016 in the range of 15-17%
• Diluted adjusted earnings per common share growth in the range of 18-20%
• Diluted weighted average shares of approximately 62 million shares

For earnings history and earnings-related data on Bright Horizons Family Solutions (BFAM) click here.

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