Bright Horizons Family Solutions-Bright Horizons (BFAM) Surges 8.4%: Is This an Indication of Further Gains?

Group 1 - Bright Horizons Family Solutions (BFAM) shares increased by 8.4% to close at $119.51, following a notable trading volume compared to typical sessions, despite a 9.9% loss over the past four weeks [1][2] - The stock price rise is attributed to new employer launches, including Harris Health and Lonza, and increased adoption of the Backup Care benefit among eligible employees, contributing to revenue growth [2] - The company is expected to report quarterly earnings of$ 0.63 per share, reflecting a year-over-year increase of 23.5%, with revenues projected at $663.99 million, up 6.6% from the previous year [2] Group 2 - The consensus EPS estimate for Bright Horizons has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - Bright Horizons holds a Zacks Rank of 3 (Hold), while another company in the same industry, SPS Commerce, has a Zacks Rank of 2 (Buy) and saw an 11.7% increase in its stock price [4][5] - SPS Commerce's consensus EPS estimate has changed by +0.4% over the past month to$ 0.85, representing a year-over-year change of -1.2% [5]