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0.166666666666667 0.198525641025641 0.469038461538462 0.480769230769231 0.596153846153846 0.198717948717949 0.371538461538462 0.294871794871795
Stock impact report

CPS Announces First Quarter 2020 Earnings

Consumer Portfolio Services, Inc. (CPSS) 
Last consumer portfolio services, inc. earnings: 4/15 05:21 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.consumerportfolio.com/investor-relations
Company Research Source: GlobeNewswire
Pretax income of $3.1 millionNet income of $10.8 million, or $0.45 per diluted share, including $8.8 million tax benefitNew contract purchases of $266 millionEarly adoption of CECL accounting standard effective January 2020Pretax charges of $14.0 million related to potential losses from the pandemic LAS VEGAS, NV, April 15, 2020 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $10.8 million, or $0.45 per diluted share, for its first quarter ended March 31, 2020. For the prior year, in the first quarter of 2019, net income was $1.7 million, or $.07 per diluted share. Revenues for the first quarter of 2020 were $70.8 million, a decrease of $17.5 million, or 19.8%, compared to $88.2 million for the first quarter of 2019.  Total operating expenses for the first quarter of 2020 were $67.7 million compared to $85.6 million for the 2019 period for a decrease of $17.9 million, or 20.9%.  Pretax income for the first q Show less Read more
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