earnings
confidence high
sentiment positive
materiality 0.80
CPS Q3 net income up 85% YoY to $25.4M; diluted EPS $0.95 vs $0.52
CONSUMER PORTFOLIO SERVICES, INC.
2022-Q3 EPS reported
$2.61
revenue$246,689,000
- Revenue $90.3M, up from $68.6M YoY; pretax income $34.3M, up 76%.
- New contract purchases $468.2M, up 43% YoY but down from $548.1M in Q2 2022.
- Annualized net charge-offs 4.93%, up from 2.82% in Q3 2021; 30+ day delinquencies 10.85% vs 9.44%.
- Receivables grew to $2.687B from $2.161B a year ago.