Alliance Data: 4Q Earnings Snapshot
PLANO, Texas (AP) _ Alliance Data Systems Corp. (ADS) on Thursday reported fourth-quarter profit of $284.9 million.
On a per-share basis, the Plano, Texas-based company said it had net income of $5.25. Earnings, adjusted for one-time gains and costs, came to $7.04 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $7.01 per share.
The manager of loyalty and rewards programs for retailers and others posted revenue of $2.06 billion in the period, which did not meet Street forecasts. Ten analysts surveyed by Zacks expected $2.12 billion.
For the year, the company reported profit of $963.1 million, or $17.49 per share. Revenue was reported as $7.79 billion.
Alliance Data expects full-year earnings to be $22 per share, with revenue expected to be $8.1 billion.
Alliance Data shares have risen 20 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 9 percent. The stock has decreased 25 percent in the last 12 months.