Stock Track | Bright Horizons Family Solutions Soars 14.35% on Strong Q3 Earnings and Raised 2025 Guidance

Stock Track10-31

Shares of Bright Horizons Family Solutions (BFAM) are soaring 14.35% in pre-market trading on Friday, following the company's impressive third-quarter earnings report and an optimistic outlook for the year ahead.

The child care and early education services provider reported adjusted earnings per share of $1.57 for the quarter ended September 30, significantly surpassing the FactSet analyst consensus of $1.32. This represents a substantial improvement from $1.11 per share in the same quarter last year. Revenue also exceeded expectations, reaching $802.8 million, up from $719.1 million a year earlier and beating the analyst forecast of $780.6 million.

Adding to the positive sentiment, Bright Horizons raised its full-year 2025 guidance. The company now expects adjusted EPS of $4.48 to $4.53, up from its previous forecast of $4.15 to $4.25. Revenue projections were also increased to approximately $2.93 billion, compared to the earlier estimate of $2.90 billion to $2.92 billion. These new targets are above the current analyst expectations of $4.44 EPS and $2.92 billion in revenue. In response to the strong performance and outlook, several analysts have adjusted their price targets, with JP Morgan raising its target to $160 from $156, further boosting investor confidence.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment