Bread Financial Q3 Adjusted Income, Revenue Decline

MT Newswires Live
24 Oct 2024

Bread Financial Holdings (BFH) reported Q3 adjusted net earnings from continuing operations Thursday of $1.83 per diluted share, down from $3.42 a year earlier.

Analysts polled by Capital IQ expected normalized earnings of $1.95.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total non-interest income, was $983 million, down from $1.03 billion a year earlier.

Analysts surveyed by Capital IQ expected $977.1 million.

Shares of the company were up 4% in recent Thursday premarket activity.

Price: 53.00, Change: +1.99, Percent Change: +3.90

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