Alliance Data Systems (ADS) NewsBite - ADS Earnings Preview
Oct 16, 2009 (Fresh Brewed Media via COMTEX) --
Company: Alliance Data Systems Corp. (ADS)
Alliance Data Systems (NYSE: ADS) opened at $64.82. So far today, the stock has hit a low of $64.82 and a high of $67.68. ADS is now trading at $67.56, up $2.66 (4.1%). Over the last 52 weeks the stock has ranged from a low of $22.76 to a high of $65.95. ADS is scheduled to report Q3 earnings on Wednesday. Analysts are expecting the company to post a profit of $1.34 per share on revenue of $500 million. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for ADS. If you are looking for a hedged play on ADS the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 60 range.
ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Copyright (C) 2009 FreshBrewedMedia. All rights reserved
News Provided by COMTEX
Company: Alliance Data Systems Corp. (ADS)
Related terms: earnings, nyse, profit, revenue, S&P
