03:46 AM EDT, 08/02/2024 (MT Newswires) -- Bright Horizons Family Solutions ( BFAM ) reported Q2 adjusted earnings late Thursday of $0.88 per diluted share, up from $0.64 a year earlier.

Analysts polled by Capital IQ expected $0.77.

Revenue for the quarter ended June 30 was $670.1 million, compared with $603.2 million a year earlier.

Analysts surveyed by Capital IQ expected $667.1 million.

The company increased its 2024 adjusted diluted earnings per share forecast to $3.30 to $3.40 from $3 to $3.20. Analysts surveyed by Capital IQ expect $3.24. The company said it now expects revenue for the year of $2.65 billion to $2.7 billion from $2.6 billion to $2.7 billion previously. Analysts polled by Capital IQ expect $2.67 billion.

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