Bright Horizons Family Solutions (BFAM) Tops Q1 EPS by 5c, Revenues In-Line
Bright Horizons Family Solutions (NYSE: BFAM) reported Q1 EPS of $0.61, $0.05 better than the analyst estimate of $0.56. Revenue for the quarter came in at $422 million versus the consensus estimate of $422.32 million.
Revenue increased 10% to $422 million
- Net income increased 67% to $41 million and diluted earnings per common share increased 70% to $0.68
Adjusted income from operations* increased 5% to $51 million
- Adjusted net income* increased 19% to $37 million and diluted adjusted earnings per common share* increased 20% to $0.61
For earnings history and earnings-related data on Bright Horizons Family Solutions (BFAM) click here.