Bread Financial Holdings Inc. (BFH)
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees in response to an impending regulation that most experts believe will never take effect. Synchrony and Bread Financial have said that the moves were necessary after the Consumer Financial Protection Bureau in March announced a rule slashing what the industry can charge in late fees.
Bread Financial Q3 Earnings Miss Estimates, Revenues Beat
Bread Financial's third-quarter results reflect a drop in credit sales but average loans slightly improve on growth in co-brand programs.
Bread Financial Holdings, Inc. (BFH) Q3 2024 Earnings Call Transcript
Bread Financial Holdings, Inc. (NYSE:BFH ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Brian Vereb - Head, Investor Relations Ralph Andretta - President & Chief Executive Officer Perry Beberman - Executive Vice President & Chief Financial Officer Conference Call Participants Mihir Bhatia - Bank of America Sanjay Sakhrani - KBW Vincent Caintic - BTIG Jeff Adelson - Morgan Stanley Bill Carcache - Wolfe Research Securities David Rochester - Compass Point Research & Trading John Pancari - Evercore ISI Reggie Smith - JPM Jon Arfstrom - RBC Capital Markets Operator Good morning, and welcome to Bread Financial's Third Quarter 2024 Earnings Conference Call. My name is Michelle, and I'll be coordinating your call today.
Here's What Key Metrics Tell Us About Bread Financial (BFH) Q3 Earnings
Although the revenue and EPS for Bread Financial (BFH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Bread Financial Holdings (BFH) Lags Q3 Earnings Estimates
Bread Financial Holdings (BFH) came out with quarterly earnings of $1.84 per share, missing the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $3.46 per share a year ago.
Analysts Estimate Bread Financial Holdings (BFH) to Report a Decline in Earnings: What to Look Out for
Bread Financial (BFH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BFH Stock Trading at Discount to Industry at 6.94X: Time to Hold?
Bread Financial is set to gain from its solid growth prospects, robust credit sales, higher retained earnings, active risk management and consumer spending.
Bread Financial Rallies 72.2% YTD: Can the Stock Retain the Bull Run?
BFH stock rallies on the back of higher retained earnings, active risk management, solid consumer spending and capital deployment.
BFH or MA: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Financial Transaction Services sector have probably already heard of Bread Financial Holdings (BFH) and MasterCard (MA). But which of these two companies is the best option for those looking for undervalued stocks?
Despite Fast-paced Momentum, Bread Financial (BFH) Is Still a Bargain Stock
Bread Financial (BFH) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Bread Financial (BFH) Q2 Earnings Top, Revenues Fall Y/Y
Bread Financial's (BFH) second-quarter results reflect a drop in credit sales. However, average loans slightly improve on growth in co-brand programs.
Compared to Estimates, Bread Financial (BFH) Q2 Earnings: A Look at Key Metrics
The headline numbers for Bread Financial (BFH) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
