Bright Horizons Family Solutions (BFAM) reported $674.15 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 9.5%. EPS of $0.98 for the same period compares to $0.83 a year ago.The reported revenue represents a surprise of +0.60% over the Zacks Consensus Estimate of $670.11 million. With the consensus EPS estimate being $0.91, the EPS surprise was +7.69%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...

Bright Horizons Family Solutions (BFAM) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this child care and early education services provider would post earnings of $1.06 per share when it actually produced earnings of $1.11, delivering a sur ...

Exhibit 99.1 Bright Horizons Family Solutions Reports Financial Results for the Fourth Quarter and Full Year of 2024 NEWTON, MA - (BUSINESS WIRE) - February 13, 2025 - Bright Horizons Family Solutions Inc. (NYSE: BFAM) today announced financial results for the fourth quarter and full year of 2024 and provided guidance for 2025. Bright Horizons is a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and ...

In its upcoming report, Bright Horizons Family Solutions (BFAM) is predicted by Wall Street analysts to post quarterly earnings of $0.91 per share, reflecting an increase of 9.6% compared to the same period last year. Revenues are forecasted to be $670.11 million, representing a year-over-year increase of 8.9%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this time ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission File Number: 001-35780 BRIGHT HORIZONS FAMILY SOLUTIONS INC. (Exact name of registrant as specified in its charter) Delaware 80-0188269 (State or oth ...

I gave a buy rating to Bright Horizons Family (NYSE: BFAM ) in June, with my key thesis being that the business will continue to grow for a long period of time given the secularI'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to their intrinsic value ...

Financial Data and Key Metrics Changes - Total revenue increased by 11% to $719 million, adjusted EBITDA rose by 20% to $121 million, and adjusted EPS grew by 26% to $1.11 per share [9][18] - Adjusted operating income of $89 million represented 12.4% of revenue, a 34% increase year-over-year [18] - The company generated $217 million in cash from operations, compared to $161 million last year, and ended the quarter with $110 million in cash [24] Business Line Data and Key Metrics Changes - Full service child care revenue increased by 9% to $487 million, with occupancy levels averaging in the low 60s [9][19] - Back-up care revenue grew by 18% to $202 million, with adjusted operating income of $70 million, representing 35% of revenue [11][22] - Educational Advisory revenue increased by 4% to $31 million, with an operating margin of 21% [14][22] Market Data and Key Metrics Changes - Enrollment in centers opened for more than one year increased at a low single-digit rate across U.S. and international operations [10] - The U.K. operations showed progress, narrowing losses compared to last year, but still require work to return to pre-pandemic performance levels [10][80] Company Strategy and Development Direction - The company is refining its full-year revenue guidance to approximately $2.675 billion, representing 11% growth, and adjusted EPS range of $3.37 to $3.42 [17][25] - Continued investments in building supply, new care types, and personalized market initiatives are expected to drive growth [13][59] - The company is focused on improving its EdAssist business through team investments, product enhancements, and marketing efforts [58] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's performance and outlook for Q4, with expectations of continued growth in back-up care and stabilization in full service [8][17] - The company anticipates low single-digit enrollment growth for the remainder of the year and into 2025 [32][69] - Management noted challenges in the bottom cohort of centers, particularly related to occupancy recovery and geographic factors [38][41] Other Important Information - The company held its first in-person client event since the pandemic, reinforcing its commitment to innovation and client engagement [15][16] - The company is maintaining a disciplined approach to M&A, focusing on long-term strategy rather than short-term acquisitions [54] Q&A Session Summary Question: What was the organic constant currency revenue growth in Q3? - Full service revenue growth was 9.4%, with organic constant currency at 8% [26][27] Question: Can you provide a breakdown of enrollment growth? - Enrollment growth was consistent in low single digits, with stronger infant and toddler enrollment aligning with preschool growth [29][30] Question: What are the expectations for occupancy rates? - Occupancy rates are expected to remain in the low 60s for the rest of the year, with gradual recovery anticipated in 2025 [36][37] Question: What are the key challenges in the bottom cohort of centers? - Challenges include geographic imbalances and client center utilization, with specific actions being taken for improvement [41][42] Question: What are the drivers of back-up care growth? - Growth is primarily driven by increased utilization by existing clients rather than new clients [51][52] Question: What is the outlook for EdAssist participation growth? - Participation growth has been muted, influenced by market conditions, but the company is focused on transformation and investment in this area [56][58] Question: How is the company addressing pricing strategies? - The company is considering price increases while balancing service delivery and cost structures, with a cautious approach to future pricing [74][75]

Bright Horizons Family Solutions Inc. (NYSE:BFAM) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Michael Flanagan - VP, IR Stephen Kramer - CEO Elizabeth Boland - CFO Conference Call Participants Andrew Steinerman - J.P. Morgan Manav Patnaik - Barclays George Tong - Goldman Sachs Jeff Meuler - Baird Toni Kaplan - Morgan Stanley Jeff Silber - BMO Capital Markets Josh Chan - UBS Faiza Alwy - Deutsche Bank Harold Antor - Jefferies Operator Greetings, and welcome to the Bright ...

For the quarter ended September 2024, Bright Horizons Family Solutions (BFAM) reported revenue of $719.1 million, up 11.4% over the same period last year. EPS came in at $1.11, compared to $0.88 in the year-ago quarter.The reported revenue represents a surprise of +1.18% over the Zacks Consensus Estimate of $710.72 million. With the consensus EPS estimate being $1.06, the EPS surprise was +4.72%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Bright Horizons Family Solutions (BFAM) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.72%. A quarter ago, it was expected that this child care and early education services provider would post earnings of $0.72 per share when it actually produced earnings of $0.88, delivering a sur ...