Brief: Alliance Data Reports Full Year And Fourth Quarter 2021 Results

Loyalty Ventures

27/01/2022 13:55

Jan 27 (Reuters) - Alliance Data Systems Corp  ADS.N :
    * ALLIANCE DATA REPORTS FULL YEAR AND FOURTH QUARTER 2021
RESULTS
    * Q4 NET INCOME WAS $17 MILLION, OR $0.34 PER DILUTED SHARE
    * QTRLY DELINQUENCY RATE OF 3.9% IMPROVED 50 BASIS POINTS
FROM THE
PRIOR YEAR
    * QTRLY EARNINGS PER DILUTED SHARE FROM CONTINUING
OPERATIONS 
$1.21
    * QTRLY CREDIT SALES INCREASED 15% TO $8.8 BILLION AS
CONSUMER
SPENDING CONTINUES TO RECOVER
    * EXPECT FY 2022 AVERAGE RECEIVABLES GROWTH IN THE
HIGH-SINGLETO
LOW-DOUBLE-DIGIT RANGE RELATIVE TO 2021
    * TOTAL REVENUE GROWTH FOR 2022 IS ANTICIPATED TO BE CLOSELY
ALIGNED WITH AVERAGE RECEIVABLES GROWTH
    * EXPECT A NET LOSS RATE IN THE LOW-TO-MID 5% RANGE FOR 2022
    * REMAIN CONFIDENT IN LONG-TERM GUIDANCE OF A
THROUGH-THE-CYCLE
NET LOSS RATE BELOW HISTORICAL AVERAGE OF 6%
    * QTRLY TOTAL NET INTEREST AND NON-INTEREST INCOME (REVENUE)
FROM
CONTINUING OPERATIONS  $855 MILLION VERSUS $769 MILLION
    * Q4 EARNINGS PER SHARE VIEW $1.52, REVENUE VIEW $1.04
BILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nPn9m7yJVa 
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