Alliance Data Systems Corporation (NYSE:ADS) provider of marketing and loyalty solutions, is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 2.25 per share.
Looking ahead, the full year income are expected at $ 6.88 per share on the revenues of $ 4444.76 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 5,600.00 million ~ $ 5,600.00 million, where as bottomline are predicted in a range of $ 20.50 ~ $ 20.50 per share
Click Here For More Historical Outlooks Of Alliance Data Systems Corporation
Previous Quarter Performance
Alliance Data Systems Corporation revealed income for the second quarter of $ 1.86 per share, from the revenue of $ 979.30 million. The quarterly earnings dropped 51.44 percent while revenues fell 27.38 percent compared with the same quarter last year.
Street analysts expected Alliance Data Systems Corporation to report income of $ 1.03 per share on revenue of $ 1152.06 million for the second quarter. The bottom line results beat street analysts by $ 0.83 or 80.58 percent, at the same time, top line results fell short of analysts by $ 172.76 million or 15 percent.
Stock Performance
Shares of Alliance Data Systems Corporation traded low $ -1.28 or -2.84 percent on Wednesday, reaching $ 43.76 with volume of 1.42 million shares. Alliance Data Systems Corporation has traded high as $ 44.92 and has cracked $ 42.80 on the downward trend
According to the previous trading day, closing price of $ 43.76, representing a 119.60 % increase from the 52 week low of $ 20.51 and a 61.04 % decrease over the 52 week high of $ 115.62.
The company has a market capital of $ 2.09 billion and is part of the Services sector and Business Services industry.
Recent Stock Dividend Announcement
On July 23, 2020, the board of directors authorized quarterly dividend of $ 0.21 per share to holders of record as of the close of business on August 14, 2020, with payment date of September 18, 2020 and ex-dividend date on August 13, 2020.
Conference Call
Alliance Data Systems Corporation will be hosting a conference call at 8:30 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.alliancedata.com
Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. The company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.
