Bright Horizons Family Solutions Inc. (NYSE:BFAM) will be announcing its earnings results after the market closes on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.72 per share for the quarter. Bright Horizons Family Solutions has set its FY17 guidance at $2.57-2.64 EPS.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Thursday, May 4th. The company reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.05. The firm had revenue of $422 million for the quarter, compared to the consensus estimate of $422.32 million. Bright Horizons Family Solutions had a net margin of 6.93% and a return on equity of 18.51%. The company’s revenue was up 9.5% on a year-over-year basis. During the same period last year, the firm posted $0.51 EPS. On average, analysts expect Bright Horizons Family Solutions to post $2.45 EPS for the current fiscal year and $2.77 EPS for the next fiscal year.

Bright Horizons Family Solutions Inc. (NYSE BFAM) opened at 79.59 on Tuesday. The company has a 50 day moving average of $77.42 and a 200-day moving average of $73.60. The stock has a market capitalization of $4.76 billion, a P/E ratio of 43.54 and a beta of 0.12. Bright Horizons Family Solutions Inc. has a 52-week low of $59.00 and a 52-week high of $81.23.

In other Bright Horizons Family Solutions news, CAO Mandy Berman sold 3,697 shares of the business’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of $78.01, for a total transaction of $288,402.97. Following the completion of the sale, the chief accounting officer now owns 19,824 shares in the company, valued at $1,546,470.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Mary Lou Burke sold 1,000 shares of the business’s stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $79.98, for a total transaction of $79,980.00. Following the sale, the chief operating officer now owns 32,266 shares of the company’s stock, valued at approximately $2,580,634.68. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,213,707 shares of company stock valued at $333,804,907. 2.90% of the stock is owned by insiders.

A number of brokerages recently issued reports on BFAM. Credit Suisse Group restated an “outperform” rating and issued a $80.00 price target on shares of Bright Horizons Family Solutions in a research note on Monday, April 17th. BMO Capital Markets restated a “hold” rating and issued a $83.00 price target on shares of Bright Horizons Family Solutions in a research note on Monday, May 15th. Citigroup Inc. began coverage on shares of Bright Horizons Family Solutions in a research note on Tuesday, July 18th. They issued a “buy” rating and a $90.00 price target for the company. BidaskClub lowered shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Zacks Investment Research lowered shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Bright Horizons Family Solutions presently has an average rating of “Buy” and a consensus price target of $81.00.

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Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.

Earnings History for Bright Horizons Family Solutions (NYSE:BFAM)

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