Investor Presentation Q4 2024 Forward Looking Statement Disclaimer This presentation includes "forward-looking statements" within the meaning of, and made pursuant to, the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and generally contain words such as "believes," "expects," "may," "will," "should," "seeks," "projects," "approximately," "intends," " ...

This presentation includes "forward-looking statements" within the meaning of, and made pursuant to, the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and generally contain words such as "believes," "expects," "may," "will," "should," "seeks," "projects," "approximately," "intends," "plans," "estimates" or "anticipates," or, in each case, their negat ...

Company Performance - Bright Horizons Family Solutions (BFAM) has gained approximately 12.3% year-to-date, outperforming the average gain of 5.1% in the Business Services sector [4] - The Zacks Consensus Estimate for BFAM's full-year earnings has increased by 1.7% over the past three months, indicating improved analyst sentiment [4] - BFAM currently holds a Zacks Rank of 2 (Buy), suggesting a positive outlook for the stock [3] Industry Context - Bright Horizons Family Solutions is part of the Business - Services industry, which consists of 26 individual stocks and is currently ranked 61 in the Zacks Industry Rank [6] - The Business - Services industry has seen an average gain of 16.4% year-to-date, indicating that BFAM is slightly underperforming its industry [6] - In comparison, another stock, Dave Inc. (DAVE), has significantly outperformed with a return of 158.4% year-to-date and holds a Zacks Rank of 1 (Strong Buy) [5]

Bright Horizons Family Solutions Inc. BFAM is trading lower Wednesday. It is consolidating after rallying over the past week.The shares appear to be breaking out. This can be a bullish dynamic that suggests a move higher. This is why we have made it our Stock of the Day.As you can see on the chart, $130 has been resistance for the stock. It isn't a coincidence that there was resistance at this level. In October it was support, and levels that were support can convert into resistance.Some of the people who b ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Bright Horizons Family Solutions (BFAM) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Bright Horizons Family Solutions is a member of the Business Services sector. This group includes 270 individual stocks and currently h ...

The business services industry is a major beneficiary of service activities. Economic activity in the services sector expanded for the 10th consecutive month in April, with the Services PMI measured by the Institute for Supply Management remaining robust, staying above the 50% threshold for the 56th time in 59 months, indicating sustained expansion since the post-pandemic recovery.The rapid advancement and adoption of artificial intelligence and automation technologies are reshaping how business services ar ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Bright Horizons Family Solutions (BFAM) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Bright Horizons Family Solutions is a member of the Business Services sector. This group includes 270 individual stocks and currently holds a ...

Revenue Growth - Revenue for the three months ended March 31, 2025, increased by $42.8 million, or 7%, to $665.5 million compared to $622.7 million for the same period in 2024[102] - Back-up care revenue grew by $13.9 million, or 12%, due to increased utilization of services by new and existing clients[104] - Full service center-based child care revenue increased by $26.9 million, or 5.6%, with a net enrollment growth of 2% and average tuition rate increases of approximately 4-5%[102] Profitability - Gross profit for the three months ended March 31, 2025, was $155.7 million, representing 23.4% of revenue, compared to 21.7% in the same period of 2024[101] - Net income for the quarter was $38.0 million, or 5.7% of revenue, up from $17.0 million, or 2.7%, in the prior year[101] - Adjusted EBITDA for the quarter was $92.3 million, or 13.9% of revenue, compared to $75.0 million, or 12.0%, in the same period of 2024[101] - Adjusted EBITDA increased by $17.3 million, or 23%, for the three months ended March 31, 2025, primarily due to increased contributions from the back-up care and full service center-based child care segments[116] - Adjusted net income rose by $15.1 million, or 51%, for the three months ended March 31, 2025, driven by higher adjusted income from operations and lower interest expense[117] Cost and Expenses - Cost of services increased by $22.2 million, or 5%, to $509.8 million, primarily due to increased personnel costs associated with expanded enrollment[105] - Selling, General and Administrative Expenses (SGA) rose by $4.3 million, or 5%, to $91.9 million for the three months ended March 31, 2025, representing 14% of revenue[110] - Income from operations increased by $22.3 million, or 56%, to $62.3 million for the three months ended March 31, 2025, with significant contributions from both the full service center-based child care and back-up care segments[112] Operational Metrics - The company operated 1,023 early education and child care centers with a capacity to serve approximately 115,000 children as of March 31, 2025[95] - 47% of the monitored cohort of centers were more than 70% enrolled, reflecting improved occupancy compared to the previous year[97] Cash and Debt Management - The company had $112.0 million in cash at March 31, 2025, compared to $110.3 million at December 31, 2024, with $59.5 million held in foreign jurisdictions[126] - The company amended its revolving credit facility, increasing it from $400 million to $900 million on April 17, 2025[127] - Long-term debt as of March 31, 2025, totaled $872.7 million, down from $918.4 million as of December 31, 2024[140] - The company had net investments of $15.2 million in fixed asset purchases during the three months ended March 31, 2025, compared to $19.4 million in the same period in 2024[136] Tax and Financial Position - Income tax expense was $13.9 million for the three months ended March 31, 2025, at an effective tax rate of 27%, compared to $9.3 million and 35% in the prior year[114] - The company reported a working capital deficit of $295.8 million at March 31, 2025, primarily due to long-term investments and share repurchases[129] - As of March 31, 2025, the company had $849.8 million in lease liabilities, with $103.3 million classified as short-term[130] - The company authorized a share repurchase program of up to $400 million, with $94.0 million remaining available for future repurchases as of March 31, 2025[131] Cash Flow Activities - Net cash provided by operating activities decreased to $86.2 million for the three months ended March 31, 2025, down from $116.3 million in the same period in 2024[134] - Cash used in investing activities was $14.5 million for the three months ended March 31, 2025, compared to $38.1 million in the same period in 2024, primarily due to reduced net purchases of debt securities[135] - Cash used in financing activities decreased to $73.4 million for the three months ended March 31, 2025, compared to $97.6 million in the same period in 2024, mainly due to no payments for deferred consideration in 2025[137] Strategic Focus - The company remains focused on strategic priorities to enhance service quality and expand its client base amid a dynamic operating environment[99] - The company complied with its financial covenants as of March 31, 2025[147]

For the quarter ended March 2025, Bright Horizons Family Solutions (BFAM) reported revenue of $665.53 million, up 6.9% over the same period last year. EPS came in at $0.77, compared to $0.51 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $663.99 million, representing a surprise of +0.23%. The company delivered an EPS surprise of +22.22%, with the consensus EPS estimate being $0.63.While investors closely watch year-over-year changes in headline numbers -- revenue an ...

Core Viewpoint - Bright Horizons Family Solutions (BFAM) reported quarterly earnings of $0.77 per share, exceeding the Zacks Consensus Estimate of $0.63 per share, and showing an increase from $0.51 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was 22.22%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2] - Revenues for the quarter ended March 2025 were $665.53 million, surpassing the Zacks Consensus Estimate by 0.23%, and up from $622.71 million year-over-year [3] Stock Performance - Bright Horizons shares have increased approximately 15.6% since the beginning of the year, contrasting with a decline of 3.3% in the S&P 500 [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.97 on revenues of $714.34 million, and for the current fiscal year, it is $4.06 on revenues of $2.88 billion [8] - The estimate revisions trend for Bright Horizons is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [7] Industry Context - The Business - Services industry, to which Bright Horizons belongs, is currently in the top 28% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [9]