Bread Financial (NYSE:BFH – Get Free Report) announced its earnings results on Thursday. The company reported $2.66 EPS for the quarter, topping the consensus estimate of $1.60 by $1.06, Briefing.com reports. Bread Financial had a net margin of 8.08% and a return on equity of 14.44%. The business had revenue of $939.00 million during the quarter, compared to analysts’ expectations of $922.01 million. During the same quarter in the prior year, the company posted $1.27 earnings per share. The firm’s revenue was down 1.4% on a year-over-year basis.
Bread Financial Stock Performance
NYSE:BFH traded up $2.69 during mid-day trading on Friday, reaching $55.01. 1,346,693 shares of the company’s stock were exchanged, compared to its average volume of 794,791. Bread Financial has a one year low of $26.08 and a one year high of $55.08. The firm has a market capitalization of $2.73 billion, a PE ratio of 6.93, a price-to-earnings-growth ratio of 0.21 and a beta of 1.98. The business’s fifty day simple moving average is $44.13 and its two-hundred day simple moving average is $38.97. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18.
Bread Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 9th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date of this dividend is Friday, August 9th. Bread Financial’s dividend payout ratio is 10.58%.
Analyst Ratings Changes
Check Out Our Latest Analysis on BFH
Bread Financial Company Profile
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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