Consumer Portfolio Services (CPSS) Tops Q3 EPS by 2c

Consumer Portfolio Services (NASDAQ: CPSS) reported Q3 EPS of $0.28, $0.02 better than the analyst estimate of $0.26. Revenue for the quarter came in at $94 million versus the consensus estimate of $73.97 million.

"We are pleased with our operating results for the third quarter of 2015," said Charles E. Bradley, Jr., Chairman and Chief Executive Officer. “Our managed portfolio is now in excess of $1.9 billion and we achieved our 16th consecutive quarter of increasing quarterly earnings. Also, with our 2015-C securitization, we reached a significant milestone by earning two triple “A” ratings on the senior class of notes.”

For earnings history and earnings-related data on Consumer Portfolio Services (CPSS) click here.

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