Alliance Data Reports Full Year and Fourth Quarter 2020 Results
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Alliance Data Systems (ADS) Misses Q4 EPS by 48c
January 28, 2021 7:31 AM ESTAlliance Data Systems (NYSE: ADS) reported Q4 EPS of $1.93, $0.48 worse than the analyst estimate of $2.41. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.11 billion.
"Alliance Data's 2020 operating performance demonstrated resilience in a very challenging business environment, with key strategic initiatives undertaken throughout the year that position us for ongoing improved performance," said Ralph Andretta, president and chief executive officer of Alliance Data. "We adapted quickly to pandemic-related challenges and succeeded in achieving significant sequential improvement in our results following the major impact of the... More
