Bright Horizons Q4 Revenue Rises 8.8% to $733.7M with EPS of $1.15
Bright Horizons reported Q4 revenue of $733.7 million, up 8.8% year-over-year, and delivered EPS of $1.15, topping estimates by 0.69% and 1.77% respectively. Full-service childcare revenue rose 6.3% to $514.8 million and back-up care revenue jumped 16.7% to $183.33 million, both slightly above analyst forecasts.
1. Q4 Results
Bright Horizons posted revenue of $733.7 million for Q4, an 8.8% increase year-over-year, and reported EPS of $1.15 compared to $0.98 a year ago, beating consensus estimates by 0.69% on revenue and 1.77% on earnings.
2. Segment Performance
Full-service center-based childcare revenue rose 6.3% to $514.8 million versus the two-analyst estimate of $511.8 million, while educational advisory services revenue climbed 9.5% to $35.6 million. Back-up care revenue reached $183.3 million, up 16.7% year-over-year, and adjusted operating income beat forecasts in advisory and back-up care but lagged in the full-service segment.
3. Market Reaction and Outlook
Shares of the company have fallen 15.8% over the past month against a 0.3% decline in the S&P 500, reflecting concerns despite the quarter’s beats. The current sell ranking suggests the company may underperform, placing focus on future margin trends and enrollment growth for guidance.