Zacks: Brokerages Expect Bread Financial Holdings, Inc. (NYSE:BFH) Will Post Earnings of $2.59 Per Share

Wall Street brokerages predict that Bread Financial Holdings, Inc. (NYSE:BFH – Get Rating) will announce earnings of $2.59 per share for the current fiscal quarter, according to Zacks Investment Research. Thirteen analysts have provided estimates for Bread Financial’s earnings. The lowest EPS estimate is $1.69 and the highest is $3.47. Bread Financial posted earnings per share of $5.99 during the same quarter last year, which indicates a negative year-over-year growth rate of 56.8%. The business is scheduled to announce its next earnings report on Monday, January 1st.

On average, analysts expect that Bread Financial will report full-year earnings of $11.04 per share for the current fiscal year, with EPS estimates ranging from $6.12 to $19.43. For the next fiscal year, analysts forecast that the business will post earnings of $11.78 per share, with EPS estimates ranging from $5.69 to $14.76. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Bread Financial.

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

Separately, TheStreet upgraded Bread Financial from a “d+” rating to a “c+” rating in a research report on Monday.

Bread Financial stock opened at $47.96 on Tuesday. Bread Financial has a one year low of $46.57 and a one year high of $128.16. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 3.31, a price-to-earnings-growth ratio of 0.25 and a beta of 1.97. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.16 and a quick ratio of 1.16.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 17th. Shareholders of record on Friday, May 13th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Thursday, May 12th. Bread Financial’s dividend payout ratio (DPR) is currently 5.80%.

Bread Financial Company Profile (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.

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