05:01 AM EDT, 05/03/2024 (MT Newswires) -- Bright Horizons Family Solutions ( BFAM ) reported Q1 adjusted earnings late Thursday of $0.51 per diluted share, up from $0.49 a year earlier.

Analysts polled by Capital IQ expected $0.46.

Revenue for the quarter ended March 31 was $622.7 million, up from $553.6 million a year earlier.

Analysts surveyed by Capital IQ expected $615.5 million.

The company expects fiscal 2024 adjusted earnings of $3 to $3.20 per diluted share. Analysts surveyed by Capital IQ expect $3.11.

The company expects full-year revenue of $2.6 billion to $2.7 billion. Analysts polled by Capital IQ expect $2.66 billion.