Cover baking sheet with foil; spray with cooking spray. Use 1-1/2-inch round cookie cutter to cut piece out of center of each bagel half; discard removed piece.
Spread cut sides of bagel halves with cream cheese spread; place, cream cheese sides down, on prepared baking sheet.
Cut 1-1/2-inch "X" into center of each cheese slice. Place on tops of bagels; press centers of cheese slices into holes in bagels.
Crack 1 egg into small bowl; slip into hole in 1 prepared bagel half. Repeat with remaining eggs and bagel halves. Top with bacon.
Bake 14 to 15 min. or until egg whites are set and yolks are cooked to desired doneness.