Bright Horizons (BFAM) Reports Q4 Earnings: $1.15 EPS, Revenue $733.7M, Beats Estimates

Bright Horizons Family Solutions Inc. (BFAM) reported fourth-quarter earnings of $21.7 million, or 38 cents per share, with adjusted earnings of $1.15 per share, surpassing the average Zacks estimate of $1.13. Revenue for the quarter was $733.7 million, beating the $728.7 million forecast. Year-over-year results: profit of $193.1 million or $3.36 per share, and revenue of $2.93 billion. The company guided to full-year earnings of $4.90 to $5.10 per share and revenue of $3.08 billion to $3.13 billion. Shares closed at $81.83, down 19% year-to-date and 31% over the past 12 months.