Consumer Portfolio Services (CPSS) to Release Quarterly Earnings on Thursday

Consumer Portfolio Services (NASDAQ:CPSS - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $102.37 million for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

Consumer Portfolio Services (NASDAQ:CPSS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The credit services provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.06). The firm had revenue of $105.30 million during the quarter, compared to the consensus estimate of $102.37 million. Consumer Portfolio Services had a net margin of 5.59% and a return on equity of 7.59%. 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 Down 1.5 %

Shares of NASDAQ CPSS traded down $0.14 during trading hours on Friday, hitting $9.41. The stock had a trading volume of 27,395 shares, compared to its average volume of 32,880. The company has a market capitalization of $201.42 million, a P/E ratio of 10.82 and a beta of 2.14. The firm's 50-day moving average price is $10.97 and its two-hundred day moving average price is $10.26. Consumer Portfolio Services has a 52 week low of $7.03 and a 52 week high of $12.73. The company has a debt-to-equity ratio of 10.52, a quick ratio of 19.16 and a current ratio of 19.17.

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Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Consumer Portfolio Services from a "buy" rating to a "strong-buy" rating in a research note on Saturday.

Insiders Place Their Bets

In other Consumer Portfolio Services news, VP April Crisp sold 2,500 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $11.15, for a total transaction of $27,875.00. Following the completion of the sale, the vice president now owns 17,212 shares of the company's stock, valued at $191,913.80. This represents a 12.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William B. Roberts sold 6,259 shares of the company's stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $9.41, for a total value of $58,897.19. Following the sale, the director now directly owns 690,078 shares of the company's stock, valued at $6,493,633.98. The trade was a 0.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,293 shares of company stock valued at $91,792 over the last 90 days. 69.00% of the stock is currently owned by company insiders.

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.