Insights Ahead: Bread Finl Hldgs's Quarterly Earnings
Portfolio Pulse from Benzinga Insights
Bread Financial Holdings (NYSE:BFH) is set to release its quarterly earnings on October 24, 2024. Analysts expect an EPS of $1.78. The company's past performance shows a positive trend in share price following earnings beats. Currently, BFH has a 'Buy' consensus rating with a price target of $53.0, indicating a potential upside. Despite challenges in revenue growth, BFH maintains strong net margins and a conservative debt approach.
October 23, 2024 | 2:02 pm
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Bread Financial Holdings is expected to report an EPS of $1.78. The company's stock has historically reacted positively to earnings beats. Analysts have a 'Buy' rating with a $53 price target, suggesting a potential upside. Investors should watch for guidance, which could significantly impact stock price.
The upcoming earnings report is crucial for BFH as it could confirm or challenge the current positive sentiment. Historical data shows stock price increases following earnings beats. The 'Buy' rating and price target suggest optimism, but guidance will be key in determining short-term price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100