Bread Financial Holdings, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net loss was USD 134 million compared to net income of USD 17 million a year ago. Basic loss per share from continuing operations was USD 2.69 compared to basic earnings per share from continuing operations of USD 1.22 a year ago. Basic loss per share was USD 2.69 compared to basic earnings per share of USD 0.34 a year ago.
For the full year, net income was USD 223 million compared to USD 801 million a year ago. Basic earnings per share from continuing operations was USD 4.48 compared to USD 16.02 a year ago. Diluted earnings per share from continuing operations was USD 4.47 compared to USD 15.95 a year ago. Basic earnings per share was USD 4.47 compared to USD 16.09 a year ago. Diluted earnings per share was USD 4.46 compared to USD 16.02 a year ago.