Bright Horizons Family Solutions (BFAM) Reports In-Line Q1 EPS and Offers FY16 Outlook
Get Alerts BFAM Hot Sheet
Join SI Premium – FREE
Bright Horizons Family Solutions (NYSE: BFAM) reported Q1 EPS of $0.51, in-line with the analyst estimate of $0.51. Revenue for the quarter came in at $385 million versus the consensus estimate of $383.08 million.
2016 Outlook
As described below, the Company is confirming 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 61.5 million shares
For earnings history and earnings-related data on Bright Horizons Family Solutions (BFAM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BayCom Corp (BCML) Misses Q1 EPS by 4c
- United Security Bancshares (UBFO) Reports Q1 EPS of $0.24
- United Bancshares, Inc. (UBOH) Reports Q1 EPS of $0.61
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!