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Dec 31, 2019
Bread Financial Q4 2019 Earnings Report
Alliance Data's financial results for Q4 2019 were announced, revealing a decrease in revenue and earnings per share.
Key Takeaways
Alliance Data Systems Corporation reported a slight decrease in revenue for the fourth quarter of 2019, with a more significant decrease in EPS and core EPS. The results were impacted by restructuring and strategic transaction costs, as well as a decrease in earnings before taxes at Card Services.
Revenue decreased slightly to $1.46 billion.
EPS decreased 41% to $2.74, impacted by restructuring and strategic transaction costs.
Core EPS decreased 29% to $4.12.
Adjusted EBITDA, net decreased 39% to $278 million.
Bread Financial
Bread Financial
Forward Guidance
The company expects revenue of $5.6 billion and core EPS of $20.50 for 2020.
Positive Outlook
- Revenue of $5.6 billion, essentially flat with 2019.
- Core EPS of $20.50, up 22 percent compared with 2019.