Bright Horizons Family Solutions Inc. (NYSE:BFAM) is reporting third quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, BFAM is expected to report 3Q20 loss of $ 0.49 per share from revenue of $ 312.34 million.
For the full year, analysts anticipate top line of $ 1511.28 million, while looking forward to income of $ 0.90 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,227.00 million ~ $ 2,268.00 million, where as bottomline are predicted in a range of $ 4.11 ~ $ 4.18 per share
Click Here For More Historical Outlooks Of Bright Horizons Family Solutions Inc.
Previous Quarter Performance
Bright Horizons Family Solutions Inc. reported income for the second quarter of $ 0.44 per share, from the revenue of $ 293.77 million.
Stock Performance
Shares of Bright Horizons Family Solutions Inc. traded up $ 0.45 or 0.29 percent on Wednesday, reaching $ 157.99 with volume of 563.90 thousand shares. Bright Horizons Family Solutions Inc. has traded high as $ 162.47 and has cracked $ 156.51 on the downward trend
The closing price of $ 157.99, representing a 145.27 % increase from the 52 week low of $ 64.23 and a 10.98 % decrease over the 52 week high of $ 176.98.
The company has a market capital of $ 9.54 billion and is part of the Consumer Cyclical sector and Personal Services industry.
Recent Analyst recommendations
- On 6th October 2020, downgraded by BMO Capital Markets to Market Perform from Outperform rating, with $ 150.00 target price.
Conference Call
Bright Horizons Family Solutions Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.brighthorizons.com
Bright Horizons Family Solutions Inc. provides child care and early education, back-up care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory Services.
