Alliance Data Systems-Bread Financial Holdings (BFH) Q1 Earnings and Revenues Top Estimates

Core Insights - Bread Financial Holdings (BFH) reported quarterly earnings of $2.86 per share, exceeding the Zacks Consensus Estimate of$ 2.10 per share, and up from $2.73 per share a year ago [1] - The earnings surprise for the quarter was 36.19%, and the company has surpassed consensus EPS estimates three times in the last four quarters [2] - The company generated revenues of$ 970 million for the quarter, surpassing the Zacks Consensus Estimate by 1.28%, but down from $991 million year-over-year [3] Earnings Performance - The earnings surprise of 36.19% indicates strong performance relative to expectations [2] - The company has consistently exceeded revenue estimates, achieving this three times in the last four quarters [3] Stock Performance - Bread Financial shares have declined approximately 21.6% year-to-date, compared to a decline of 8.6% for the S&P 500 [4] - The current Zacks Rank for the stock is 3 (Hold), suggesting it is expected to perform in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is$ 1.77 on revenues of $952.44 million, and for the current fiscal year, it is$ 6.50 on revenues of $3.9 billion [8] - The industry outlook is favorable, with the Financial - Miscellaneous Services sector ranking in the top 36% of Zacks industries, indicating potential for outperformance [9] Related Industry Insights - Upstart Holdings, Inc. (UPST), another company in the same industry, is expected to report quarterly earnings of$ 0.19 per share, reflecting a year-over-year increase of 161.3% [10] - UPST's anticipated revenues are projected to be $200.74 million, representing a 57.1% increase from the previous year [11]