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What Analyst Projections for Key Metrics Reveal About Bread Financial (BFH) Q3 Earnings
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Analysts on Wall Street project that Bread Financial Holdings (BFH - Free Report) will announce quarterly earnings of $3.26 per share in its forthcoming report, representing a decline of 18.9% year over year. Revenues are projected to reach $1.01 billion, increasing 4.4% from the same quarter last year.
Over the last 30 days, there has been an upward revision of 10.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Bread Financial metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Efficiency Ratio' to come in at 49.3%. The estimate compares to the year-ago value of 49.0%.
Based on the collective assessment of analysts, 'Net loss rate (Net principal losses as a percentage of average credit card and other loans)' should arrive at 6.8%. Compared to the present estimate, the company reported 7.4% in the same quarter last year.
The consensus estimate for 'Net Interest Margin' stands at 18.0%. The estimate compares to the year-ago value of 18.8%.
The combined assessment of analysts suggests that 'Total risk-based capital ratio' will likely reach 17.4%. Compared to the current estimate, the company reported 17.5% in the same quarter of the previous year.
The consensus among analysts is that 'Total interest income' will reach $1.28 billion. The estimate is in contrast to the year-ago figure of $1.24 billion.
Analysts' assessment points toward 'Interest on cash and investment securities' reaching $39.14 million. The estimate compares to the year-ago value of $44.00 million.
It is projected by analysts that the 'Interest and fees on loans' will reach $1.24 billion. Compared to the present estimate, the company reported $1.20 billion in the same quarter last year.
Analysts predict that the 'Net interest income' will reach $1.08 billion. The estimate is in contrast to the year-ago figure of $1.03 billion.
According to the collective judgment of analysts, 'Other' should come in at $63.08 million. Compared to the present estimate, the company reported $50.00 million in the same quarter last year.
Over the past month, Bread Financial shares have recorded returns of +1.9% versus the Zacks S&P 500 composite's +1% change. Based on its Zacks Rank #3 (Hold), BFH will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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What Analyst Projections for Key Metrics Reveal About Bread Financial (BFH) Q3 Earnings
Analysts on Wall Street project that Bread Financial Holdings (BFH - Free Report) will announce quarterly earnings of $3.26 per share in its forthcoming report, representing a decline of 18.9% year over year. Revenues are projected to reach $1.01 billion, increasing 4.4% from the same quarter last year.
Over the last 30 days, there has been an upward revision of 10.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Bread Financial metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Efficiency Ratio' to come in at 49.3%. The estimate compares to the year-ago value of 49.0%.
Based on the collective assessment of analysts, 'Net loss rate (Net principal losses as a percentage of average credit card and other loans)' should arrive at 6.8%. Compared to the present estimate, the company reported 7.4% in the same quarter last year.
The consensus estimate for 'Net Interest Margin' stands at 18.0%. The estimate compares to the year-ago value of 18.8%.
The combined assessment of analysts suggests that 'Total risk-based capital ratio' will likely reach 17.4%. Compared to the current estimate, the company reported 17.5% in the same quarter of the previous year.
The consensus among analysts is that 'Total interest income' will reach $1.28 billion. The estimate is in contrast to the year-ago figure of $1.24 billion.
Analysts' assessment points toward 'Interest on cash and investment securities' reaching $39.14 million. The estimate compares to the year-ago value of $44.00 million.
It is projected by analysts that the 'Interest and fees on loans' will reach $1.24 billion. Compared to the present estimate, the company reported $1.20 billion in the same quarter last year.
Analysts predict that the 'Net interest income' will reach $1.08 billion. The estimate is in contrast to the year-ago figure of $1.03 billion.
According to the collective judgment of analysts, 'Other' should come in at $63.08 million. Compared to the present estimate, the company reported $50.00 million in the same quarter last year.
View all Key Company Metrics for Bread Financial here>>>Over the past month, Bread Financial shares have recorded returns of +1.9% versus the Zacks S&P 500 composite's +1% change. Based on its Zacks Rank #3 (Hold), BFH will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .