WASHINGTON (dpa-AFX) - While reporting its financial results for the fourth quarter on Thursday, Alliance Data Systems Corp. (ADS) forecast fiscal 2020 revenue of $5.6 billion, essentially flat with 2019. The company also forecast core earnings per share of $20.50, up 22 percent compared with 2019.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $20.45 per share for the quarter on revenues of $5.78 billion. Analysts' estimates typically exclude special items.
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