Analysts Expect Bread Financial Holdings, Inc. (NYSE:BFH) Will Announce Earnings of $2.45 Per Share

Wall Street brokerages predict that Bread Financial Holdings, Inc. (NYSE:BFHGet Rating) will post earnings of $2.45 per share for the current quarter, Zacks Investment Research reports. Fourteen analysts have provided estimates for Bread Financial’s earnings, with estimates ranging from $1.89 to $3.47. Bread Financial reported earnings of $5.99 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 59.1%. The business is scheduled to report its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Bread Financial will report full year earnings of $11.15 per share for the current financial year, with EPS estimates ranging from $7.93 to $19.43. For the next financial year, analysts anticipate that the company will post earnings of $12.04 per share, with EPS estimates ranging from $10.89 to $14.76. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that that provide coverage for Bread Financial.

Bread Financial (NYSE:BFHGet Rating) last posted its quarterly earnings results on Thursday, April 28th. The company reported $4.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.21 by ($0.01). The company had revenue of $921.00 million during the quarter, compared to analysts’ expectations of $914.18 million. Bread Financial had a return on equity of 36.46% and a net margin of 18.26%. The company’s quarterly revenue was down 15.1% on a year-over-year basis. During the same period in the prior year, the business posted $5.74 EPS.

Separately, TheStreet raised shares of Bread Financial from a “d+” rating to a “c+” rating in a report on Monday, May 16th.

Shares of Bread Financial stock traded up $0.53 during trading on Tuesday, hitting $55.65. 428,233 shares of the company’s stock were exchanged, compared to its average volume of 896,525. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.87. The firm’s 50-day simple moving average is $53.52. Bread Financial has a 52-week low of $46.31 and a 52-week high of $117.51. The company has a market cap of $2.77 billion, a PE ratio of 3.84, a price-to-earnings-growth ratio of 0.27 and a beta of 1.97.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 17th. Stockholders of record on Friday, May 13th will be given a $0.21 dividend. The ex-dividend date is Thursday, May 12th. This represents a $0.84 annualized dividend and a dividend yield of 1.51%. Bread Financial’s dividend payout ratio (DPR) is 5.80%.

About Bread Financial (Get Rating)

Bread Financial Holdings Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for approximately 130 private label and co-brand credit card programs, as well as through Bread partnerships to approximately 500 small-and medium-sized businesses merchants; and Comenity-branded general purpose cash-back credit.

Featured Stories

Get a free copy of the Zacks research report on Bread Financial (BFH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Bread Financial (NYSE:BFH)

Want More Great Investing Ideas?

Receive News & Ratings for Bread Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bread Financial and related companies with MarketBeat.com's FREE daily email newsletter.