Bright Horizons Family Solutions Inc (BFAM) Issues FY14 Earnings Guidance
Bright Horizons Family Solutions Inc (NASDAQ:BFAM) issued an update on its FY14 earnings guidance on Thursday morning. The company provided EPS guidance of $1.43-$1.46 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.45, Analyst Ratings News reports. The company issued revenue guidance of $1.35-$1.36 billion, compared to the consensus revenue estimate of $1.36 billion.
Shares of Bright Horizons Family Solutions Inc (NASDAQ:BFAM) traded down 1.51% during mid-day trading on Thursday, hitting $41.05. The stock had a trading volume of 147,671 shares. Bright Horizons Family Solutions Inc has a one year low of $32.78 and a one year high of $44.16. The stock has a 50-day moving average of $42.40 and a 200-day moving average of $40.09. The company has a market cap of $2.695 billion and a P/E ratio of 35.23.
Bright Horizons Family Solutions (NASDAQ:BFAM) last announced its earnings results on Thursday, August 7th. The company reported $0.41 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.41. The company had revenue of $348.10 million for the quarter, compared to the consensus estimate of $345.64 million. During the same quarter last year, the company posted $0.35 earnings per share. Bright Horizons Family Solutions’s revenue was up 12.0% 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.
In other Bright Horizons Family Solutions news, Insider Stephen Howard Kramer unloaded 7,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $41.00, for a total value of $287,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
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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