Alliance Data Systems Corporation (NYSE:ADS) is projected to declare fiscal first quarter financial results right before the stock market’s official open on April 20, 2017. The stock added about 9.2 percent in price since last results when it was at $227.26 a share. Based on the most relevant past-periods data, there is an 55.56 percent probability for this firm’s share price to go up following next quarterly results. Earnings reaction history tells us that the equity price moved up 15 times out of last 27 reported quarters. It has beaten earnings-per-share estimates 91% of the time in its last 12 earnings reports. It fell short of earnings estimates on 1 occasions, and it has met expectations 0 time.
Here’s how traders responded to ADS earnings announcements over the past few quarters.
Alliance Data Systems Corporation (ADS) Earnings Surprises & Reaction
Given its history, the average earnings announcement surprise was 3.3 percent over the past four quarters. Back on January 26, 2017, it posted earnings per-share earnings at $4.45 which beat the consensus $4.41 projection (positive surprise of0.91%. For the quarter, revenue came in at 1.83B versus consensus estimate of 1.94B. The stock dropped -2.45 percent the session following the earnings reports were released, and on 7th day price change was 0 percent.
On October 20, 2016, it reported earnings at $4.54 a share compared with the consensus estimate of $4.17 per share (positive surprise of 8.87%). Revenue of 1.89B for that quarter was above the $1.78B analysts had expected. The stock retreated -4.66% the day following the earnings announcement, and on 7th day price change was -5.54%.
On July 21, 2016, it recorded $3.28 a share in earnings which missed the consensus estimate of $3.32 (negative surprise of -1.2%). Revenue for the quarter was $1.75B while analysts called for revenues to be $1.64B. The stock gained 6.43% the day following the earnings data was made public, and on 7th day price change was 8.58%.
On April 21, 2016, it announced earnings per share at $3.63 versus the consensus estimate of $3.47 per share (positive surprise of 4.61%). That came on revenues of $1.68B for that period. Analysts had expected $1.69B in revenue.
Alliance Data Systems Corporation Earnings Estimates
As Q1 earnings announcement date approaches, Wall Street is expecting earnings per share of $3.88. The analysts’ present consensus range is $3.73-$4.43 for EPS. The market consensus range for revenue is between $1.75B and $1.85B, with an average of $1.81B.
Alliance Data Systems Corporation (NYSE:ADS) last ended at $247.82, sending the company’s market cap near $13.86B. The consensus 12-month price target from analysts covering the stock is $249.41. The share price has declined -1.34% from its top level in 52 weeks and dropped 8.7% this year. It recently traded in a range of $247.44-$249.94 at a volume of 298185 shares. The recent trading ended with the price nearly 0.97 higher for the last 5 trading days, rebounding 34.59% from its 52-week low.