Core Viewpoint - Growth investors are increasingly focused on identifying stocks with above-average financial growth, which can lead to solid returns, but finding such stocks is challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Bright Horizons Family Solutions (BFAM) is currently highlighted as a recommended growth stock based on the Zacks Growth Style Score, which evaluates a company's real growth potential beyond traditional metrics [2] - The company has achieved a favorable Growth Score and holds a top Zacks Rank, indicating strong investment potential [2][9] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth being particularly attractive as it signals strong future prospects [4] - Bright Horizons has a historical EPS growth rate of 0.9%, but projected EPS growth for this year is expected to be 18.6%, significantly outperforming the industry average of 13.8% [5] Group 3: Asset Utilization - The asset utilization ratio, or sales-to-total-assets (S/TA) ratio, is an important metric for assessing a company's efficiency in generating sales [6] - Bright Horizons has an S/TA ratio of 0.67, indicating it generates $0.67 in sales for every dollar in assets, which is higher than the industry average of 0.65 [7] - The company is also expected to achieve sales growth of 10.9% this year, compared to the industry average of 2.6% [7] Group 4: Earnings Estimate Revisions - Trends in earnings estimate revisions are crucial, with positive revisions correlating strongly with stock price movements [8] - Bright Horizons has seen its current-year earnings estimates revised upward by 7.9% over the past month, indicating positive momentum [8] Group 5: Investment Positioning - Bright Horizons has earned a Growth Score of A and a Zacks Rank of 2 due to favorable earnings estimate revisions, positioning it well for potential outperformance in the market [9]

For those looking to find strong Consumer Discretionary 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? Let's take a closer look at the stock's year-to-date performance to find out. Bright Horizons Family Solutions is one of 280 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 ...

Have you been paying attention to shares of Bright Horizons Family Solutions (BFAM) ? Shares have been on the move with the stock up 15.2% over the past month. The stock hit a new 52-week high of $138.25 in the previous session. Bright Horizons Family Solutions has gained 44.6% since the start of the year compared to the -2.4% move for the Zacks Consumer Discretionary sector and the 2% return for the Zacks Schools industry. What's Driving the Outperformance? The stock has an impressive record of positive ea ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style S ...

Group 1 - Bright Horizons Family Solutions (BFAM) has returned 40.8% year-to-date, significantly outperforming the Consumer Discretionary sector average return of -6.3% [4] - BFAM is part of the Schools industry, which has an average return of 2.2% this year, indicating that BFAM is performing better than its industry peers [6] - The Zacks Consensus Estimate for BFAM's full-year earnings has increased by 3.5% over the past quarter, reflecting improving analyst sentiment [4] Group 2 - Choice Hotels (CHH) has also outperformed the Consumer Discretionary sector with a year-to-date return of 10.9% [5] - The consensus EPS estimate for Choice Hotels has risen by 0.8% over the past three months, and it currently holds a Zacks Rank of 2 (Buy) [5] - Choice Hotels belongs to the Hotels and Motels industry, which has a year-to-date return of +0.9% [6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission File Number: 001-35780 BRIGHT HORIZONS FAMILY SOLUTIONS INC. (Exact name of registrant as specified in its charter) Delaware 80-0188269 (State or other ju ...

Bright Horizons Family Solutions Inc. (NYSE:BFAM) Q2 2024 Results Conference Call August 1, 2024 5:00 PM ET Company Participants Michael Flanagan - Vice President, Investor Relations Stephen Kramer - Chief Executive Officer Elizabeth Boland - Chief Financial Officer Conference Call Participants George Tong - Goldman Sachs Manav Patnaik - Barclays Andrew Steinerman - JPMorgan Jeff Meuler - Baird Josh Chan - UBS Jeff Silber - BMO Capital Markets Harold Antor - Jefferies Toni Kaplan - Morgan Stanley Faiza Alwy ...

For the quarter ended June 2024, Bright Horizons Family Solutions (BFAM) reported revenue of $670.06 million, up 11.1% over the same period last year. EPS came in at $0.88, compared to $0.64 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $664.54 million, representing a surprise of +0.83%. The company delivered an EPS surprise of +22.22%, with the consensus EPS estimate being $0.72. While investors scrutinize revenue and earnings changes year-over-year and how they ...

Bright Horizons Family Solutions (BFAM) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 22.22%. A quarter ago, it was expected that this child care and early education services provider would post earnings of $0.45 per share when it actually produced earnings of $0.51, delivering a s ...

Revenue Growth - Revenue for Q2 2024 was $670 million, representing an 11% increase compared to Q2 2023[2] - Revenue for the six months ended June 30, 2024, increased to $1,292,768 thousand, up from $1,156,822 thousand in the same period of 2023, representing an increase of 11.7%[15] - Revenue from child care services for the six months ended June 30, 2024, was $990,717 thousand, up from $888,722 thousand in 2023, an increase of 11.5%[20] - Back-up care revenue grew by 15% in Q2 2024, contributing to overall revenue growth[2] Income and Earnings - Net income for Q2 2024 was $39 million, a 90% increase from $20.6 million in Q2 2023, with diluted earnings per share rising to $0.67[4] - Net income for the six months ended June 30, 2024, was $56,163 thousand, compared to $28,720 thousand in 2023, reflecting a growth of 96.0%[15] - Earnings per share (diluted) increased to $0.96 in 2024 from $0.50 in 2023, marking a significant rise of 92.0%[15] - Diluted adjusted earnings per share for Q2 2024 were $0.88, compared to $0.64 in Q2 2023, marking a 37% increase[21] Operational Performance - Income from operations increased by 52% to $69 million in Q2 2024, up from $45.5 million in Q2 2023[4] - Income from operations for the first half of 2024 was $108,996,000, compared to $76,177,000 in the same period of 2023, reflecting a 43% increase[21] - Adjusted EBITDA for Q2 2024 was $103 million, reflecting a 25% increase from the previous year[5] - Adjusted EBITDA for Q2 2024 was $102,630,000, up 25% from $81,914,000 in Q2 2023, representing 15% of revenue[21] - EBITDA for Q2 2024 was $94,525,000, which is 14% of revenue, up from 12% in Q2 2023[21] Cash Flow and Investments - Cash generated from operations in the first half of 2024 was $225.8 million, compared to $180 million in the same period of 2023[7] - Net cash provided by operating activities for the six months ended June 30, 2024, was $225,750 thousand, compared to $180,042 thousand in 2023, reflecting an increase of 25.3%[18] - The company made net investments totaling $64.1 million in the first half of 2024, down from $68.7 million in the prior year[7] Assets and Liabilities - Cash and cash equivalents at the end of the period increased to $140,246 thousand from $71,568 thousand, showing a growth of 96.0%[17] - Total assets decreased slightly to $3,837,399 thousand as of June 30, 2024, from $3,896,144 thousand at the end of 2023[17] - Total liabilities decreased to $2,554,178 thousand from $2,683,468 thousand, indicating a reduction of 4.8%[17] Tax and Expenses - Income tax expense for Q2 2024 was $17,872,000, compared to $12,719,000 in Q2 2023, indicating a 41% increase[21] - Stock-based compensation expense for Q2 2024 was $8,105,000, up from $7,463,000 in Q2 2023[21] - The company anticipates an effective tax rate of approximately 28% for the full year based on the jurisdictional mix of expected adjusted income before income tax[22] Company Operations - The company operated 1,032 early education and child care centers as of June 30, 2024, with a capacity to serve approximately 115,000 children[5] - Income from operations for the back-up care segment was $47,576 thousand, maintaining a margin of 19% of its revenue in 2024[20]