Bread Finl Hldgs Q4 2023 GAAP EPS $0.90 Beats $(0.56) Estimate, Sales $1.02B Beat $986.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bread Finl Hldgs (NYSE:BFH) reported Q4 2023 earnings of $0.90 per share, surpassing the $(0.56) estimate, with sales of $1.02B exceeding the $986.50M forecast. However, this reflects a 1.55% decrease in sales compared to the same period last year.
January 25, 2024 | 12:02 pm
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Bread Finl Hldgs reported strong Q4 earnings, with EPS of $0.90 beating estimates and sales of $1.02B surpassing expectations, despite a slight year-over-year decline.
The significant beat on both earnings per share and sales estimates is likely to be viewed positively by investors, leading to a potential short-term increase in stock price. The year-over-year sales decline is a concern, but the earnings beat may overshadow this in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100