Bread Financial Analysts Increase Their Forecasts Following Q4 Results

Core Viewpoint - Bread Financial Holdings, Inc. reported better-than-expected earnings for the fourth quarter, with adjusted earnings of $2.07 per share and quarterly sales of $975 million, surpassing market expectations [1]. Financial Performance - Adjusted earnings per share were $2.07, exceeding market estimates [1]. - Quarterly sales reached $975 million, compared to expectations of $955.819 million [1]. Stock Performance - Following the earnings announcement, Bread Financial shares fell by 0.6%, trading at $72.57 [1]. Analyst Ratings and Price Targets - Barclays analyst Terry Ma maintained an Underweight rating on Bread Financial and raised the price target from $61 to $64 [2]. - Morgan Stanley analyst Jeffrey Adelson also maintained an Underweight rating, increasing the price target from $62 to $68 [2].