Bread Financial (NYSE:BFH – Get Free Report) announced its earnings results on Thursday. The company reported $1.83 EPS for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.03), Briefing.com reports. The business had revenue of $983.00 million for the quarter, compared to the consensus estimate of $981.26 million. Bread Financial had a net margin of 9.77% and a return on equity of 16.24%. The business’s quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $3.46 EPS.
Bread Financial Price Performance
Shares of BFH opened at $49.38 on Friday. The firm has a fifty day simple moving average of $51.66 and a two-hundred day simple moving average of $46.23. The firm has a market cap of $2.45 billion, a PE ratio of 6.22, a P/E/G ratio of 0.17 and a beta of 1.94. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.41. Bread Financial has a 1-year low of $26.08 and a 1-year high of $59.66.
Bread Financial Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 8th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Friday, November 8th. Bread Financial’s dividend payout ratio is currently 10.58%.
Analyst Ratings Changes
Get Our Latest Stock Analysis on BFH
About Bread Financial
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 private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit.
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