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Bright Horizons Family Solutions Inc (NASDAQ:BFAM) issued an update on its FY14 earnings guidance on Thursday. The company provided EPS guidance of $1.43-1.46 for the period, compared to the Thomson Reuters consensus estimate of $1.45, American Banking and Market News reports.

Shares of Bright Horizons Family Solutions Inc (NASDAQ:BFAM) traded up 0.39% during mid-day trading on Thursday, hitting $40.94. 226,426 shares of the company’s stock traded hands. Bright Horizons Family Solutions Inc has a one year low of $30.35 and a one year high of $42.00. The stock has a 50-day moving average of $39.75 and a 200-day moving average of $37.60. The company has a market cap of $2.691 billion and a price-to-earnings ratio of 203.90.

Bright Horizons Family Solutions (NASDAQ:BFAM) last announced its earnings results on Thursday, May 1st. The company reported $0.34 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.32 by $0.02. The company had revenue of $332.10 million for the quarter, compared to the consensus estimate of $325.70 million. During the same quarter last year, the company posted $0.25 earnings per share. Bright Horizons Family Solutions’s revenue was up 18.6% compared to the same quarter last year. On average, analysts predict that Bright Horizons Family Solutions Inc will post $1.45 earnings per share for the current fiscal year.

A number of research firms have recently commented on BFAM. Analysts at Barclays raised their price target on shares of Bright Horizons Family Solutions to $50.00 in a research note on Friday, April 25th. They now have an overweight rating on the stock. On a related note, analysts at RBC Capital initiated coverage on shares of Bright Horizons Family Solutions in a research note on Tuesday, April 1st. They set an outperform rating and a $46.00 price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Bright Horizons Family Solutions from $43.00 to $45.00 in a research note on Wednesday, March 19th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of $43.85.

Bright Horizons Family Solution Inc, provider of child care and early education services, as well as other services designed to help employers and families better address the challenges of work and life.

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