Bright Horizons Family Solutions (BFAM) Tops Q4 EPS by 55c
Bright Horizons Family Solutions (NYSE: BFAM) reported Q4 EPS of $0.36, $0.55 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $377 million versus the consensus estimate of $342.1 million.
2021 Outlook
At this time, the duration and scope of the ongoing business disruption, including the pace of re-ramping enrollment at re-opened centers and the re-opening of the remaining temporarily closed centers, cannot be predicted, and is dependent on many interdependent variables and decisions by government authorities and our client partners, as well as demand, economic trends, the adoption and effectiveness of a vaccine, and developments in the persistence and treatment of COVID-19. As previously disclosed, the negative financial impact to our results and future financial or operational performance, including our annual performance for 2021, cannot be reasonably estimated. Therefore, we are not at this time and do not currently expect to provide full earnings guidance for fiscal 2021.
For earnings history and earnings-related data on Bright Horizons Family Solutions (BFAM) click here.
