Bread Financial Holdings, Inc. (NYSE:BFH) Expected to Post Earnings of $2.59 Per Share

Equities research analysts expect Bread Financial Holdings, Inc. (NYSE:BFH – Get Rating) to announce earnings per share of $2.59 for the current quarter, Zacks reports. Thirteen analysts have made estimates for Bread Financial’s earnings, with the highest EPS estimate coming in at $3.47 and the lowest estimate coming in at $1.69. Bread Financial reported earnings per share of $5.99 in the same quarter last year, which would indicate a negative year-over-year growth rate of 56.8%. The business is expected to announce its next earnings results on Monday, January 1st.

On average, analysts expect that Bread Financial will report full year earnings of $11.36 per share for the current fiscal year, with EPS estimates ranging from $7.93 to $19.43. For the next financial year, analysts forecast that the business will report earnings of $12.14 per share, with EPS estimates ranging from $10.90 to $14.76. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Bread Financial.

Bread Financial (NYSE:BFH – Get Rating) last announced its earnings results on Thursday, April 28th. The company reported $4.20 EPS 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 during the quarter, compared to the consensus estimate of $914.18 million. During the same quarter in the previous year, the company earned $5.74 earnings per share. The business’s revenue was down 15.1% on a year-over-year basis.

Separately, TheStreet cut Bread Financial from a “c” rating to a “d+” rating in a report on Monday, April 4th.

BFH stock traded up $1.84 during trading on Tuesday, hitting $51.64. The company had a trading volume of 1,302,376 shares, compared to its average volume of 937,487. 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 $2.57 billion, a PE ratio of 3.57, a PEG 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 company 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 dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Thursday, May 12th. Bread Financial’s payout ratio is 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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