Bright Horizons: 3Q Earnings Snapshot
WATERTOWN, Mass. (AP) _ Bright Horizons Family Solutions Inc. (BFAM) on Thursday reported third-quarter earnings of $33.6 million.
The Watertown, Massachusetts-based company said it had net income of 57 cents per share. Earnings, adjusted for one-time gains and costs, came to 73 cents per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 73 cents per share.
The child care and early education services provider posted revenue of $471.6 million in the period.
Bright Horizons expects full-year earnings in the range of $3.14 to $3.16 per share.
Bright Horizons shares have climbed 23 percent since the beginning of the year.