Consumer Portfolio Services (CPSS) Expected to Announce Quarterly Earnings on Friday

Consumer Portfolio Services (NASDAQ:CPSS) is anticipated to post its quarterly earnings results before the market opens on Friday, March 21st. Analysts expect Consumer Portfolio Services to post earnings of $0.27 per share and revenue of $102.37 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Consumer Portfolio Services (NASDAQ:CPSS) last released its quarterly earnings data on Tuesday, February 25th. The credit services provider reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.06). Consumer Portfolio Services had a return on equity of 7.59% and a net margin of 5.59%. The business had revenue of $105.30 million during the quarter, compared to the consensus estimate of $102.37 million. On average, analysts expect Consumer Portfolio Services to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Consumer Portfolio Services Stock Performance

NASDAQ:CPSS opened at $8.51 on Friday. The stock has a 50-day moving average price of $10.88 and a 200 day moving average price of $10.28. The company has a current ratio of 19.17, a quick ratio of 19.16 and a debt-to-equity ratio of 10.52. Consumer Portfolio Services has a 12-month low of $7.03 and a 12-month high of $12.73. The stock has a market capitalization of $182.16 million, a P/E ratio of 9.78 and a beta of 2.14.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Consumer Portfolio Services from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 8th.

Insider Buying and Selling at Consumer Portfolio Services

In other Consumer Portfolio Services news, Director William B. Roberts sold 4,176 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $9.25, for a total transaction of $38,628.00. Following the completion of the transaction, the director now owns 685,702 shares in the company, valued at $6,342,743.50. This trade represents a 0.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last ninety days, insiders have sold 11,169 shares of company stock worth $104,459. Insiders own 69.00% of the company’s stock.

About Consumer Portfolio Services

Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans.