Santander Consumer USA (SC) Announces Delay to Q2 Results Report
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Santander Consumer USA Holdings Inc. Provides Q2 2016 Earnings Update
July 25, 2016 8:00 AM EDTDALLAS, July 25, 2016 /PRNewswire/ --Â Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" or the "Company") announced today that it will delay the release of its Q2 2016 financial results, previously scheduled for Wednesday, July 27, 2016, because the Company's financial statements for the quarter have not yet been completed.
The Company is in discussions with its current and previous independent accountants regarding certain accounting matters, primarily related to the Company's discount accretion and credit loss allowance methodologies. The... More
