Summary
Consumer Portfol (CPSS) Recent Earnings
Consumer Portfol (CPSS) reported 3rd Quarter September 2020 earnings of $0.16 per share on revenue of $70.7 million. The consensus earnings estimate was $0.30 per share on revenue of $70.9 million. Revenue fell 17.4% compared to the same quarter a year ago.
Consumer Portfolio Services Inc is engaged in purchasing & servicing retail automobile contracts originated by franchised automobile dealers and by independent dealers in the United States in the sale of new & used automobiles..
Results
Reported Earnings
$0.16
Earnings Whisper
-
Consensus Estimate
$0.30
Reported Revenue
$70.7 Mil
Revenue Estimate
$70.9 Mil
Growth
Earnings Growth
Revenue Growth
Earnings Release
CPS to Host Conference Call on Third Quarter 2020 Earnings
LAS VEGAS, Nevada, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Tuesday, October 20, 2020 at 1:00 p.m. ET to discuss its third quarter 2020 operating results. Those wishing to participate by telephone may dial-in at 877 312-5502, or 253 237-1131 for international participants, approximately 10 minutes prior to the scheduled time. The conference identification number is 2265436.
A replay of the conference call will be available between October 20 and October 27, 2020, beginning two hours after conclusion of the call, by dialing 855 859-2056 or 404 537-3406 for international participants, with conference identification number 2265436. A broadcast of the conference call will also be available live and for 90 days after the call via the Company’s web site at www.consumerportfolio.com.
About Consumer Portfolio Services, Inc.
Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives.
Investor Relations Contact
Jeffrey P. Fritz, Chief Financial Officer
844-878-2777
Source: Consumer Portfolio Services, Inc.
