financetom
Business
financetom
/
Business
/
Bread Financial Q2 Adjusted Earnings Rise, Revenue Declines; Shares Gain
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bread Financial Q2 Adjusted Earnings Rise, Revenue Declines; Shares Gain
Jul 25, 2024 7:38 AM

10:08 AM EDT, 07/25/2024 (MT Newswires) -- Bread Financial Holdings ( BFH ) reported Q2 adjusted earnings Thursday of $2.67 per diluted share, up from $0.95 a year earlier.

Analysts polled by Capital IQ expected $1.64.

Revenue for the quarter ended June 30, expressed as the sum of net interest income and total noninterest income, was $939 million, down from $952 million a year earlier.

Analysts surveyed by Capital IQ expected $920.7 million.

Bread Financial ( BFH ) shares rose 2% in early trading.

Price: 51.34, Change: +1.03, Percent Change: +2.05

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
What Does Dental Player Patterson's $4.1 Billion Deal Mean For Other Players?
What Does Dental Player Patterson's $4.1 Billion Deal Mean For Other Players?
Dec 12, 2024
On Wednesday, Patient Square Capital, a healthcare investment firm, agreed to acquire Patterson Companies, Inc. ( PDCO ) , a dental and animal health product distributor, for approximately $4.1 billion. During its second-quarter earnings release, the company announced it is exploring strategic options, including a sale or merger, to boost shareholder value. William Blair notes that based on Patient Square Capital’s portfolio, which doesn’t include...
Apple nears switch to in-house Bluetooth and Wi-Fi chip for iPhone, smart home, Bloomberg reports
Apple nears switch to in-house Bluetooth and Wi-Fi chip for iPhone, smart home, Bloomberg reports
Dec 12, 2024
Dec 12 (Reuters) - Apple ( AAPL ) is planning to switch to a homegrown chip for Bluetooth and Wi-Fi connections for its devices starting next year, a move that will phase out some parts currently supplied by Broadcom ( AVGO ), Bloomberg News reported on Thursday. The chip, code-named Proxima, has been under development for several years and is...
Under Armour Reiterates Fiscal 2025 Adjusted Earnings Guidance -- Shares Fall
Under Armour Reiterates Fiscal 2025 Adjusted Earnings Guidance -- Shares Fall
Dec 12, 2024
02:38 PM EST, 12/12/2024 (MT Newswires) -- Under Armour ( UAA ) said Thursday it continues to expect fiscal 2025 adjusted earnings per diluted share to be in the range of $0.24 to $0.27. Analysts polled by FactSet expect non-GAAP EPS of $0.27. Shares of the company fell nearly 4% in recent trading. Price: 8.83, Change: -0.36, Percent Change: -3.87...
Canada government sells its Air Canada stake, Globe and Mail reports
Canada government sells its Air Canada stake, Globe and Mail reports
Dec 12, 2024
OTTAWA (Reuters) - The Canadian government has sold its roughly 6% stake in Air Canada in the past few days, the Globe and Mail reported on Thursday, citing a source. The government sold its Air Canada shares at an average selling price of about C$25 a share, the newspaper reported. Ottawa had bought Air Canada shares for about C$23.18 apiece...
Copyright 2023-2026 - www.financetom.com All Rights Reserved