Are Bright Horizons Family Solutions’ (BFAM) Back-Up Care Gains Masking Deeper Enrollment and Earnings Pressures?
Earlier this week, Bright Horizons Family Solutions reported past first-quarter 2026 results, with sales rising to US$712.22 million from US$665.53 million a year earlier, while net income and diluted EPS from continuing operations eased slightly. The quarter underscored the importance of the high-growth Back-Up Care segment and share repurchases in supporting earnings, even as certain regions, such as Australia, faced enrollment challenges. Next, we will examine how reaffirmed full-year...