Bright Horizons Family Solutions Reports First Quarter of 2020 Financial Results
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Bright Horizons Family Solutions (BFAM) Misses Q1 EPS by 1c; Not Providing Guidance
May 6, 2020 4:31 PM EDTBright Horizons Family Solutions (NYSE: BFAM) reported Q1 EPS of $0.74, $0.01 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $506 million versus the consensus estimate of $504.1 million.
The COVID-19 pandemic has created conditions unlike anything our business has ever experienced, but it has also highlighted our deep commitment to our clients and communities, and most importantly the role Bright Horizons plays in supporting working parents, said Stephen Kramer, Chief Executive Officer. We are proud and grateful for the opportunity to support front line health care workers and other essential... More
