Shares of Alliance Data Systems ADS moved lower by 1% in pre-market trading after the company reported Q2 results.
Earnings per share fell 51.44% year over year to $1.86, which beat the estimate of $1.03.
Revenue of $979,300,000 declined by 27.41% year over year, which missed the estimate of $1,150,000,000.
Alliance Data Systems hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Jul 23, 2020
Time: 08:30 AM
ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.alliancedata.com%2Finvestors%2Fevents-and-presentations%2Fevent-details%2F2020%2FQ2-2020-Alliance-Data-Earnings-Conference-Call%2Fdefault.aspx&eventid=2395687&sessionid=1&key=9319C4EF27F8F4F5520BD652B181AEF3®Tag=&sourcepage=register
Recent Stock Performance
52-week high: $159.41
52-week low: $20.51
Price action over last quarter: Up 6.68%
Alliance Data Systems was born of the 1996 combination of a J.C. Penney transaction-processing operation and The Limited's credit card bank business. With headquarters in Plano, Texas, Alliance provides marketing, loyalty program, and private-label credit card services. The company is known for its large Air Miles loyalty program in Canada. The private-label services and credit group is financially the company's most important operating segment.
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