Bread Finl Hldgs Q2 EPS $1.27 Up From $0.25 YoY, Sales $952.00M Miss $968.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bread Finl Hldgs (NYSE:BFH) reported Q2 earnings of $1.27 per share, a 408% increase YoY. However, the company's quarterly sales of $952.00 million missed the analyst consensus estimate of $968.57 million by 1.71%, despite a 6.61% increase YoY.
July 27, 2023 | 10:55 am
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NEUTRAL IMPACT
Bread Finl Hldgs reported a significant increase in Q2 earnings but missed sales estimates.
While the company's earnings have significantly increased, the missed sales estimates might negatively impact investor sentiment, potentially balancing out the positive earnings news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100