ADS - Alliance Data Systems EPS beats by $0.89 misses on revenue

Alliance Data Systems (ADS): Q4 Non-GAAP EPS of $3.31 beats by $0.89; GAAP EPS of $1.93 misses by $0.08.Revenue of $1.11B (-24.0% Y/Y) misses by $20M.2021 OUTLOOK: "Looking ahead, we remain keenly focused on balancing growth and profitability to ensure the sustainable economics of our portfolio.  In 2021, we expect our credit sales to increase by high-single digits, with a net loss rate of approximately 6% in the first quarter of 2021, in line with a gradual economic recovery.  Our improving credit outlook is a result of our prudent risk management and the actions we took in 2020," said Andretta.  "Based on our current visibility, credit card and loan receivables at year-end 2021 are projected to be in line with year-end 2020 levels, although average normalized receivables are expected to be down mid- to high-single digits for the year, reflecting the year-over-year pressure in the first half of 2021. We expect

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Alliance Data Systems EPS beats by $0.89, misses on revenue