Bright Horizons Family Q2 Adj EPS $0.64 Beats $0.59 Estimate, Sales $603.22M Beat $577.65M Estimate
Portfolio Pulse from bharat@benzinga.com
Bright Horizons Family (NYSE:BFAM) reported Q2 earnings of $0.64 per share, beating the analyst consensus estimate of $0.59 by 8.47%. This is a 9.86% decrease from the same period last year. The company also reported quarterly sales of $603.22 million, beating the analyst consensus estimate of $577.65 million by 4.43%. This is a 23.02% increase from the same period last year.
August 04, 2023 | 10:26 am
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Bright Horizons Family's Q2 earnings and sales beat analyst estimates, despite a decrease in earnings from last year.
Bright Horizons Family's Q2 earnings and sales beat analyst estimates, which is generally a positive signal for the stock. However, the decrease in earnings from the same period last year might temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
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