Bright Horizons: Q3 Earnings Snapshot
By AP News
Published - Nov 04, 2024, 05:15 PM ET
Last Updated - Dec 16, 2024, 05:41 PM EST
NEWTON, Mass. (AP) — NEWTON, Mass. (AP) — Bright Horizons Family Solutions Inc. (BFAM) on Monday reported third-quarter earnings of $54.9 million.
On a per-share basis, the Newton, Massachusetts-based company said it had profit of 94 cents. Earnings, adjusted for one-time gains and costs, were $1.11 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.
The child care and early education services provider posted revenue of $719.1 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $710.7 million.
