Bright Horizons Family Solutions Posts Q4 Profit - Quick Facts

(RTTNews) - Bright Horizons Family Solutions, Inc. (BFAM) Thursday reported fourth-quarter profit of $23.74 million or $0.35 per share, compared to a loss of $17.41 million or $2.87 per share in the same period last year.

Adjusted earnings for the quarter were $21.2 million or $0.32 per share. On average, nine analysts polled by Thomson Reuters expected the company to earn $0.31 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $319.18 million from $273.43 million last year. Analysts expected revenues of $316.26 million.

Looking ahead to the first quarter, the company has forecast adjusted earnings in the range of $1.42 to $1.46 per share. Analysts currently expect first-quarter earnings of $0.33 per share.