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Bright Horizons Family Solutions(BFAM) - 2024 Q3 - Quarterly Results
2024-11-04 21:09
Exhibit 99.1 Bright Horizons Family Solutions Reports Financial Results for Third Quarter of 2024 ® NEWTON, MA - (BUSINESS WIRE) - November 4, 2024 - Bright Horizons Family Solutions Inc. (NYSE: BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the third quarter of 2024 and updated financial guidance for ...
Countdown to Bright Horizons (BFAM) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-10-31 14:20
Wall Street analysts expect Bright Horizons Family Solutions (BFAM) to post quarterly earnings of $1.06 per share in its upcoming report, which indicates a year-over-year increase of 20.5%. Revenues are expected to be $710.72 million, up 10.1% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company reveals it ...
Bright Horizons (BFAM) Upgraded to Buy: Here's Why
ZACKS· 2024-08-29 17:00
Core Viewpoint - Bright Horizons Family Solutions (BFAM) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook driven by rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, making it a valuable tool for investors [2][4]. - For the fiscal year ending December 2024, Bright Horizons is projected to earn $3.37 per share, reflecting an 18.7% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Bright Horizons has risen by 7.9%, indicating a positive trend in earnings expectations [8]. Institutional Investor Influence - Institutional investors often base their valuation models on earnings estimates, leading to significant stock transactions that can drive price movements [4][5]. - The upgrade in earnings estimates for Bright Horizons suggests an improvement in the company's underlying business, likely resulting in increased stock prices due to investor confidence [5]. Zacks Rank System - The Zacks Rank system categorizes stocks based on earnings estimate revisions, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, indicating superior potential for market-beating returns [9][10]. - The Zacks Rank 2 for Bright Horizons places it among the top 20% of Zacks-covered stocks, suggesting a favorable outlook for near-term price appreciation [10].
3 Reasons Growth Investors Will Love Bright Horizons (BFAM)
ZACKS· 2024-08-23 17:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the ...
Is Bright Horizons Family Solutions (BFAM) Outperforming Other Consumer Discretionary Stocks This Year?
ZACKS· 2024-08-23 14:40
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Bright Horizons Family Solutions (BFAM) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Bright Horizons Family Solutions is one of 280 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 ...
Bright Horizons Family Solutions Inc. (BFAM) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-08-16 14:17
Have you been paying attention to shares of Bright Horizons Family Solutions (BFAM) ? Shares have been on the move with the stock up 15.2% over the past month. The stock hit a new 52-week high of $138.25 in the previous session. Bright Horizons Family Solutions has gained 44.6% since the start of the year compared to the -2.4% move for the Zacks Consumer Discretionary sector and the 2% return for the Zacks Schools industry. What's Driving the Outperformance? The stock has an impressive record of positive ea ...
Here is Why Growth Investors Should Buy Bright Horizons (BFAM) Now
ZACKS· 2024-08-07 17:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style S ...
Are Consumer Discretionary Stocks Lagging Bright Horizons Family Solutions (BFAM) This Year?
ZACKS· 2024-08-07 14:40
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Bright Horizons Family Solutions (BFAM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. Bright Horizons Family Solutions is a member of our C ...
Bright Horizons Family Solutions(BFAM) - 2024 Q2 - Quarterly Report
2024-08-06 20:48
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 June 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 other ju ...
Bright Horizons Family Solutions(BFAM) - 2024 Q2 - Earnings Call Transcript
2024-08-03 21:50
Bright Horizons Family Solutions Inc. (NYSE:BFAM) Q2 2024 Results Conference Call August 1, 2024 5:00 PM ET Company Participants Michael Flanagan - Vice President, Investor Relations Stephen Kramer - Chief Executive Officer Elizabeth Boland - Chief Financial Officer Conference Call Participants George Tong - Goldman Sachs Manav Patnaik - Barclays Andrew Steinerman - JPMorgan Jeff Meuler - Baird Josh Chan - UBS Jeff Silber - BMO Capital Markets Harold Antor - Jefferies Toni Kaplan - Morgan Stanley Faiza Alwy ...