Benzinga | Jul 23, 2020 08:08AM EDT

Recap: Alliance Data Systems Q2 Earnings

Shares of Alliance Data Systems (NYSE:ADS) moved lower by 1% in pre-market trading after the company reported Q2 results.

Quarterly 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.

Looking Ahead

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&regTag=&sourcepage=register

Recent Stock Performance

52-week high: $159.41

52-week low: $20.51

Price action over last quarter: Up 6.68%

Company Description

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.