Bright Horizons Family Solutions Sees FY24 EPS $3.30-$3.40 Vs $3.14 Est.; Revenue $2.65B-$2.70B Vs $2.67B Est.
Portfolio Pulse from Benzinga Newsdesk
Bright Horizons Family Solutions has provided its fiscal year 2024 outlook, expecting EPS between $3.30 and $3.40, surpassing the $3.14 estimate. Revenue is projected to be between $2.65 billion and $2.7 billion, aligning closely with the $2.67 billion estimate.
August 01, 2024 | 8:33 pm
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Bright Horizons Family Solutions has provided a positive fiscal year 2024 outlook with EPS expected to be between $3.30 and $3.40, surpassing the $3.14 estimate. Revenue is projected to be between $2.65 billion and $2.7 billion, aligning closely with the $2.67 billion estimate.
The company's projected EPS for FY24 is higher than the market estimate, which is likely to positively impact the stock price. The revenue projection is in line with expectations, providing a stable outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100