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Alliance Data: 4Q Earnings Snapshot

January 28, 2021 GMT

COLUMBUS, Ohio (AP) _ Alliance Data Systems Corp. (ADS) on Thursday reported fourth-quarter earnings of $12 million.

On a per-share basis, the Columbus, Ohio-based company said it had profit of 25 cents. Earnings, adjusted for one-time gains and costs, were $3.31 per share.

The results beat Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $2.48 per share.

The manager of loyalty and rewards programs for retailers and others posted revenue of $1.11 billion in the period, missing Street forecasts. Fifteen analysts surveyed by Zacks expected $1.12 billion.

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For the year, the company reported profit of $213.7 million, or $4.46 per share. Revenue was reported as $4.52 billion.

Alliance Data shares have dropped nearly 9% since the beginning of the year, while the Standard & Poor’s 500 index has stayed nearly flat. The stock has decreased 36% in the last 12 months.

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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