Bright Horizons Family: Outlook for Fourth Quarter Results
Actions of Luminous horizons family (NYSE:BFAM) were flat in the aftermarket after the company released its fourth quarter results.
Quarterly results
Earnings per share fell 64.36% year over year to $ 0.36, beating the estimate of ($ 0.19).
Revenue of $ 377,078,000 was down 27.57% from the same period last year, beating the estimate of $ 342,100,000.
Look ahead
Profit forecasts have not been released by the company at this time.
The revenue forecast has not been released by the company at this time.
Call details
Date: February 17, 2021
Time: 5:00 p.m.
Webcast URL AND: https://edge.media-server.com/mmc/p/rgox4z3n
Price action
52-week high: $ 182.49
The company’s 52-week low was at $ 64.23
Price action in the last quarter: up 16.30%
Company presentation
Bright Horizons Family Solutions provides education and care solutions designed to help employers support their employees in managing their work / life balance. The company has three lines of business: full-service daycare, childcare and educational advisory services. The vast majority of the company’s revenue is generated through full-service daycare, which includes traditional in-center child care and early childhood education services. Other services provided by the company include home care for children and the elderly, help with tuition fees, and educational counseling. The company generates more than half of its sales in North America.
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