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Alliance Data Systems Corporation Q1 adjusted earnings Beat Estimates

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.

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

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