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

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CPS Announces Third Quarter 2015 Earnings

October 14, 2015 4:30 PM EDT

Pretax income of $15.6 millionNet income of $8.8 million, or $0.28  per diluted shareNew contract purchases of $288 millionTotal managed portfolio increases to $1.941 billion from $1.822 billion at June 30, 2015Acquired a second triple-A rating on third quarter asset-backed securitization

LAS VEGAS, NV, Oct. 14, 2015 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (CPS or the Company) today announced earnings of $8.8 million, or $0.28 per diluted share, for its third quarter ended September 30, 2015.  This compares to net income of $7.8 million, or $0.24 per diluted share, in the third quarter of 2014, a 16.7% increase in diluted earnings... More