Shares of Alliance Data Systems ADS moved lower by 1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share fell 51.44% year over year to $1.86, which beat the estimate of $1.03.
Revenue of $979,300,000 declined by 27.41% year over year, which missed the estimate of $1,150,000,000.
Looking Ahead
Alliance Data Systems hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Jul 23, 2020
Time: 08:30 AM
Recent Stock Performance
52-week high: $159.41
52-week low: $20.51
Price action over last quarter: Up 6.68%
Company Description
Alliance Data Systems was born of the 1996 combination of a J.C. Penney transaction-processing operation and The Limited's credit card bank business. With headquarters in Plano, Texas, Alliance provides marketing, loyalty program, and private-label credit card services. The company is known for its large Air Miles loyalty program in Canada. The private-label services and credit group is financially the company's most important operating segment.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.