Alliance Data Reports Third Quarter 2017 Results

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Go back to Alliance Data Reports Third Quarter 2017 Results

Alliance Data Systems (ADS) Tops Q3 EPS by 31c, Sales Light; Maintains EPS Outlook

October 19, 2017 7:31 AM EDT

Alliance Data Systems (NYSE: ADS) reported Q3 EPS of $5.35, $0.31 better than the analyst estimate of $5.04. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $1.97 billion.

Ed Heffernan, president and chief executive officer of Alliance Data, commented, "The third quarter marked the beginning of our anticipated acceleration or \'slingshot\' in core earnings per share as we moved from growth of 2 percent in the first quarter to 4 percent in the second quarter to 13 percent this quarter.... More