Alliance Data Systems Corporation Q3 adjusted earnings Beat Estimates

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

The company's profit came in at $297 million, or $5.39 per share. This compares with $233 million, or $4.20 per share, in last year's third quarter.

Excluding items, Alliance Data Systems Corporation reported adjusted earnings of $344.6 million or $6.26 per share for the period.

Analysts had expected the company to earn $6.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.1% to $1.95 billion from $1.91 billion last year.

Alliance Data Systems Corporation earnings at a glance:

-Earnings (Q3): $344.6 Mln. vs. $297.6 Mln. last year. -EPS (Q3): $6.26 vs. $5.35 last year. -Analysts Estimate: $6.20 -Revenue (Q3): $1.95 Bln vs. $1.91 Bln last year.

-Guidance: Full year EPS guidance: $22.50 to $23.00 Full year revenue guidance: $7.9 Bln