Bright Horizons Family Solutions Inc (BFAM) Releases Earnings Results, Reports EPS of $0.61 EPS

Bright Horizons Family Solutions Inc (BFAM) reported quarterly earnings results on Wednesday, Aug-3-2016. The company reported $0.61 EPS for the quarter. Analysts had a consensus estimate of $0.61. The company posted revenue of $402.00 million in the period, compared to analysts expectations of $402.94 million. The company’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Bright Horizons Family Solutions Inc closed down -1.12 points or -1.68% at $65.53 with 3,15,366 shares getting traded on Tusday. Post opening the session at $66.56, the shares hit an intraday low of $65.23 and an intraday high of $66.56 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Jul 19, 2016, Mandy Berman (EVP & CAO) sold 2,250 shares at $67.82 per share price. According to the SEC, on Jul 13, 2016, Danroy T Sr Henry (Chief Human Resources Officer) sold 7,500 shares at $68.00 per share price. On Jul 7, 2016, Mary Lou Burke (COO North America Center Ops) sold 2,222 shares at $66.69 per share price, according to the Form-4 filing with the securities and exchange commission.

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 who offer child care and other dependent care solutions as part of their employee benefits packages. Its service offerings include center-based full service child care and early education; back-up dependent care and educational advisory services. It operates in three segments: full service center-based care which includes center-based child care preschool and elementary education; back-up dependent care which includes center-based back-up child care in-home care mildly ill child care and adult/elder care and other educational advisory services which includes its college preparation and admissions advisory services as well as tuition reimbursement administration and educational advising services. It serves children in the United States the United Kingdom the Netherlands Ireland Canada and India.

Bright Horizons Family Solutions Inc

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