Alliance data reports q1 eps of $0.63

Alliance data reports first quarter results.q1 revenue $1.38 billion versus refinitiv ibes estimate of $1.28 billion.qtrly earnings per share $0.63.qtrly income from continuing operations per share $0.63.suspending share repurchase program and reducing dividend payments.q1 earnings below last year's levels, as co increased provision for loan loss by $404 million.card services revenue increased 5% to $1.18 billion.suspending previous guidance for 2020.q1 earnings per share view $2.78 -- refinitiv ibes data.qtrly core eps $0.75.alliance data systems - 2020 to benefit from $150 million in previously-implemented cost savings; additional expense reductions underway.
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