Consumer Portfolio Services Inc. (CPSS) Scheduled to Post Quarterly Earnings on Wednesday

Consumer Portfolio Services Inc. (NASDAQ:CPSS) will issue its quarterly earnings data after the market closes on Wednesday, July 27th.

Consumer Portfolio Services (NASDAQ:CPSS) last posted its earnings results on Monday, April 25th. The company reported $0.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The business had revenue of $100.60 million for the quarter, compared to the consensus estimate of $100.30 million. On average, analysts expect Consumer Portfolio Services to post $0.95 EPS for the current fiscal year and $0.96 EPS for the next fiscal year.

Consumer Portfolio Services Inc. (NASDAQ:CPSS) traded down 3.52% on Tuesday, reaching $3.84. The company’s stock had a trading volume of 120,502 shares. The company has a market cap of $95.03 million and a P/E ratio of 3.55. The stock’s 50 day moving average price is $3.82 and its 200 day moving average price is $4.05. Consumer Portfolio Services Inc. has a 12 month low of $3.31 and a 12 month high of $6.17.

Several brokerages have recently issued reports on CPSS. Zacks Investment Research upgraded shares of Consumer Portfolio Services from a “sell” rating to a “hold” rating in a research note on Monday, May 2nd. Compass Point decreased their price target on shares of Consumer Portfolio Services from $5.50 to $5.00 and set a “neutral” rating for the company in a research note on Wednesday, April 27th. Finally, Jefferies Group restated a “buy” rating on shares of Consumer Portfolio Services in a research note on Tuesday, April 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $5.25.

In related news, major shareholder Second Curve Capital Llc sold 37,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 4th. The shares were sold at an average price of $3.78, for a total value of $139,860.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Consumer Portfolio Services, Inc is a specialty finance company. The Company’s business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans.