Bread Financial (NYSE:BFH – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $2.66 EPS for the quarter, topping the consensus estimate of $1.60 by $1.06, Briefing.com reports. The company had revenue of $939.00 million during the quarter, compared to analyst estimates of $922.01 million. Bread Financial had a net margin of 9.77% and a return on equity of 16.24%. Bread Financial’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.27 earnings per share.
Bread Financial Stock Up 5.1 %
Shares of BFH stock traded up $2.68 on Friday, hitting $55.00. The stock had a trading volume of 1,346,750 shares, compared to its average volume of 712,564. The company has a quick ratio of 1.18, a current ratio of 1.19 and a debt-to-equity ratio of 0.41. The business has a 50 day moving average price of $44.40 and a 200 day moving average price of $39.12. The company has a market cap of $2.73 billion, a PE ratio of 6.93, a P/E/G ratio of 0.22 and a beta of 1.98. Bread Financial has a one year low of $26.08 and a one year high of $55.08.
Bread Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 9th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, August 9th. This represents a $0.84 annualized dividend and a dividend yield of 1.53%. Bread Financial’s payout ratio is currently 10.58%.
Wall Street Analyst Weigh In
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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