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Bright Horizons Family Solutions Q3 Adjusted Earnings, Revenue Rise
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Bright Horizons Family Solutions Q3 Adjusted Earnings, Revenue Rise
Nov 4, 2024 2:42 PM

05:16 PM EST, 11/04/2024 (MT Newswires) -- Bright Horizons Family Solutions ( BFAM ) reported Q3 adjusted earnings late Monday of $1.11 per diluted share, up from $0.88 a year earlier.

Analysts polled by Capital IQ expected $1.06.

Revenue for the quarter ended Sept. 30 was $719.1 million, compared with $645.8 million a year earlier.

Analysts surveyed by Capital IQ expected $713.2 million.

The company increased its 2024 adjusted diluted earnings per share forecast to $3.37 to $3.42 from $3.30 to $3.40 previously. Analysts surveyed by Capital IQ expect $3.36.

The company now expects revenue for the year of $2.68 billion, compared with $2.65 billion to $2.7 billion previously. Analysts polled by Capital IQ expect $2.68 billion.

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