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Insights Ahead: Bread Finl Hldgs's Quarterly Earnings

Bread Finl Hldgs (NYSE:BFH) will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Bread Finl Hldgs to report an earnings per share (EPS) of $1.78.

Bread Finl Hldgs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.89, which was followed by a 5.12% increase in the share price the next day.

Here's a look at Bread Finl Hldgs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.77

3.05

-0.84

2.31

EPS Actual

2.66

2.73

0.90

3.46

Price Change %

5.0%

1.0%

9.0%

-3.0%

Market Performance of Bread Finl Hldgs's Stock

Shares of Bread Finl Hldgs were trading at $50.7 as of October 22. Over the last 52-week period, shares are up 83.47%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Bread Finl Hldgs

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of ...