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Alliance Data: 2Q Earnings Snapshot

July 18, 2019

PLANO, Texas (AP) _ Alliance Data Systems Corp. (ADS) on Thursday reported second-quarter net income of $139 million.

On a per-share basis, the Plano, Texas-based company said it had profit of $2.64. Earnings, adjusted for one-time gains and costs, came to $3.83 per share.

The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $4.12 per share.

The manager of loyalty and rewards programs for retailers and others posted revenue of $1.35 billion in the period, which matched Street forecasts.

Alliance Data expects full-year earnings in the range of $19.50 to $19.75 per share, with revenue expected to be $5.8 billion.

Alliance Data shares have increased slightly since the beginning of the year, while the Standard & Poor’s 500 index has risen 19%. The stock has fallen 33% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ADS at https://www.zacks.com/ap/ADS

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