Revenue Update on Alliance Data Systems Corporation(NYSE:ADS)

Alliance Data Systems Corporation(NYSE:ADS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 21, 2016. Company reported revenue of $1.75B. Analysts estimated a revenue of $1.64B. Earnings per share were $3.68. Analysts had estimated an EPS of $3.61.

In a different note, On Jul 7, 2016, Barclays said it Maintains its rating on Alliance Data Systems Corporation. In the research note, the firm Lowers the price-target to $280.00 per share. The shares have been rated ‘Overweight’ by the firm. Susquehanna said it Initiates Coverage on Alliance Data Systems Corporation, according to a research note issued on Apr 26, 2016. The shares have been rated ‘Neutral’ by the firm.

Alliance Data Systems Corporation (ADS) made into the market gainers list on Wednesdays trading session with the shares advancing 0.28% or 0.61 points. Due to strong positive momentum, the stock ended at $215.02, which is also near the day’s high of $215.48. The stock began the session at $215 and the volume stood at 10,77,018 shares. The 52-week high of the shares is $304.99 and the 52 week low is $176.63. The company has a current market capitalization of $12,673 M and it has 5,89,39,771 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 2, 2016, Bruce K Anderson (director) sold 354 shares at $221.70 per share price.Also, On Feb 12, 2016, Bryan A Pearson (EVP & President, LoyaltyOne) sold 3,724 shares at $180.78 per share price.On Nov 5, 2015, Melisa A Miller (EVP & Pres, Card Services) sold 5,100 shares at $295.45 per share price, according to the Form-4 filing with the securities and exchange commission.

Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a variety of industries. The Company operates through three segments: LoyaltyOne which includes the Company’s Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon which provides direct marketing solutions and Private Label Services and Credit which provides risk management solutions account origination funding transaction processing customer care collections and marketing services for the Company’s private label and co-brand retail credit card programs. 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.

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