Alliance Data Systems Corporation Q1 adjusted earnings Beat Estimates

(RTTNews) - Alliance Data Systems Corporation (ADS) released a profit for its first quarter that increased from last year.

The company's bottom line came in at $163.9 million, or $2.95 per share. This compares with $146.4 million, or $2.58 per share, in last year's first quarter.

Excluding items, Alliance Data Systems Corporation reported adjusted earnings of $247.2 million or $4.44 per share for the period.

Analysts had expected the company to earn $4.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $1.88 billion

Alliance Data Systems Corporation earnings at a glance:

-Earnings (Q1): $247.2 Mln. vs. $221.9 Mln. last year. -EPS (Q1): $4.44 vs. $3.91 last year. -Analysts Estimate: $4.23 -Revenue (Q1): $1.88 Bln vs. $1.88 Bln last year.

-Guidance: Full year EPS guidance: $22.50 - $23.00 Full year revenue guidance: $8.35 Bln