Alliance Data Reports Third Quarter 2018 Results

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Alliance Data Systems (ADS) PT Lowered to $273 at RBC Capital; Positive on Strategic Review

October 19, 2018 6:47 AM EDT

RBC Capital analyst Daniel R. Perlin lowered the price target on Alliance Data Systems (NYSE: ADS) to $273.00 (from $286.00) while maintaining an Outperform rating.

While the quarter was disappointing, Perlin was positive on the strategic review. "We attribute the generally positive stock price reaction to the... More

Alliance Data Systems (ADS) Tops Q3 EPS by 5c; to Unlock Intrinsic Value of ADS Portfolio of Businesses

October 18, 2018 7:32 AM EDT

Alliance Data Systems (NYSE: ADS) reported Q3 EPS of $6.26, $0.05 better than the analyst estimate of $6.21. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $2.03 billion.

Plan to Unlock Intrinsic Value of ADS Portfolio of Businesses to be Communicated Prior to Year-end

Ed Heffernan, president and chief executive officer of Alliance Data, commented, "Pro forma revenue increased 5 percent to $2.02 billion for the third quarter of 2018, below expectations. Conversely, core EPS came in strong, increasing 17 percent to $6.26 for the third quarter... More