Bread Financial Holdings Inc reports results for the quarter ended in September - Earnings Summary

Bread Financial Holdings

26/10/2023 14:32

* Bread Financial Holdings Inc  BFH.N  reported quarterly
adjusted
earnings of $3.46​​ per share for the quarter ended in
September. The mean expectation of fourteen analysts for the
quarter was for earnings of $2.32 per share.
    * Revenue rose 17.1% to $1.15 billion from a year ago;
analysts
expected $994.78 million. 
    * Bread Financial Holdings Inc's reported EPS for the
quarter was
$3.46​.
    * The mean earnings estimate of analysts had risen by
about 7.5%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Bread Financial Holdings Inc shares had fallen by 18.7%
this
quarter and lost 26.1% so far this year.
    * The company reported quarterly net income of $169 million.
    * Wall Street's median 12-month price target for Bread
Financial
Holdings Inc is $36.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      2.32           3.46           Beat
 Jun. 30 2023      0.15           1.27           Beat
 Mar. 31 2023      6.87           9.08           Beat
 Dec. 31 2022      -2.97          -2.68          Beat