Alliance Data Systems Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company's revenue was $1,827.6 million compared to $1,748.9 million a year ago. Operating income was $179.6 million compared to $364.2 million a year ago. Income before income tax was $61.9 million compared to $274.8 million a year ago. Net income was $10.5 million compared to $180.2 million a year ago. Net income attributable to common stockholders was $10.5 million compared to $174.2 million a year ago. Diluted – net income attributable to common stockholders was $0.18 compared to $2.35 a year ago. Adjusted EBITDA, net of funding costs and non-controlling interest was $507.0 million compared to $452.5 million a year ago. Adjusted EBITDA was $565.8 million compared to $507.1 million a year ago. Core earnings was $270.5 million compared to $263.1 million a year ago. Core earnings attributable to common stockholders was $270.5 million compared to $253.9 million a year ago. Core earnings attributable to common stockholders per share - diluted was $4.67 compared to $4.13 a year ago.

For the year, the company's revenue was $7,138.1 million compared to $6,439.7 million a year ago. Operating income was $1,265.5 million compared to $1,261.9 million a year ago. Income before income tax was $837.0 million compared to $931.7 million a year ago. Net income was $517.6 million compared to $605.4 million a year ago. Net income attributable to common stockholders was $515.8 million compared to $596.5 million a year ago. Diluted – net income attributable to common stockholders was $7.34 compared to $8.85 a year ago. Net cash provided by operating activities was $2,088.4 million compared to $1,705.8 million a year ago. Capital expenditures was $207.0 million compared to $191.7 million a year ago. Adjusted EBITDA, net of funding costs and non-controlling interest was $1,880.0 million compared to $1,728.3 million a year ago. Adjusted EBITDA was $2,095.8 million compared to $1,909.9 million a year ago. Core earnings was $1,000.0 million compared to $959.3 million a year ago. Core earnings attributable to common stockholders was $996.0 million compared to $937.4 million a year ago. Core earnings attributable to common stockholders per share - diluted was $16.92 compared to $15.05 a year ago.

Annual guidance is for revenue of $7.7 billion and core EPS of $18.50.