Bright Horizons Family Sees FY24 Adj. EPS $3.00-$3.20 Vs $3.13 Est.; Revenue $2.6B-$2.7B Vs $2.60B Est.
Portfolio Pulse from Benzinga Newsdesk
Bright Horizons Family Solutions provided its FY24 adjusted EPS guidance in the range of $3.00-$3.20, compared to the consensus estimate of $3.13. The company also expects revenue to be between $2.6 billion and $2.7 billion, aligning with the lower end of the consensus estimate of $2.60 billion.
February 13, 2024 | 9:27 pm
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Bright Horizons Family Solutions expects FY24 adjusted EPS of $3.00-$3.20, closely in line with the $3.13 consensus estimate. Revenue projections are between $2.6 billion and $2.7 billion, which meets the lower end of the $2.60 billion consensus estimate.
The guidance provided by Bright Horizons is closely aligned with market expectations, indicating a neutral short-term impact on the stock price. The company's performance is expected to meet analyst estimates, which typically does not lead to significant stock price movements unless the market had anticipated a substantial deviation from these figures.
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