Bright Horizons Family Solutions (BFAM) Misses Q2 EPS by 18c

Bright Horizons Family Solutions (NYSE: BFAM) reported Q2 EPS of $0.54, $0.18 worse than the analyst estimate of $0.72. Revenue for the quarter came in at $446 million versus the consensus estimate of $444.36 million.

Guidance:

• Revenue growth in 2017 in the range of 10-12%
• Net income growth and diluted earnings per common share growth in 2017 in the range of 35-39%
• Adjusted net income growth and diluted adjusted earnings per common share growth in 2017 in the range of 21-23%
• Diluted weighted average shares of approximately 60.5 million shares

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

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