Alliance Data Reports Third Quarter 2019 Results
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Alliance Data Systems (ADS) Misses Q3 EPS by 16c, Lowers FY EPS Guidance
October 24, 2019 7:38 AM EDTAlliance Data Systems (NYSE: ADS) reported Q3 EPS of $5.05, $0.16 worse than the analyst estimate of $5.21. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.46 billion.
GUIDANCE:
Alliance Data Systems sees FY2019 EPS of $16.75-$17.00, versus the consensus of $19.22.
Recent prime rate changes, an adjustment to the value of certain held-for-sale credit card receivable portfolios, and lower average receivables caused an aggregate... More