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NASDAQ:CPSS
Consumer Portfolio Services Stock Earnings Reports
$8.69
+0.175 (+2.06%)
At Close: Mar 14, 2025
Consumer Portfolio Services Earnings Calls
Q4 2024
Missed
$0.210 (-22.22%)
| Release date | Feb 25, 2025 |
| EPS estimate | $0.270 |
| EPS actual | $0.210 |
| EPS Surprise | -22.22% |
| Revenue estimate | 102.369M |
| Revenue actual | 52.781M |
| Revenue Surprise | -48.44% |
Q3 2024
Missed
$0.200 (-4.76%)
| Release date | Oct 31, 2024 |
| EPS estimate | $0.210 |
| EPS actual | $0.200 |
| EPS Surprise | -4.76% |
| Revenue estimate | 102.369M |
| Revenue actual | 100.58M |
| Revenue Surprise | -1.75% |
Q2 2024
| Release date | Jul 30, 2024 |
| EPS estimate | - |
| EPS actual | $0.190 |
| Revenue estimate | - |
| Revenue actual | 90.38M |
Q1 2024
| Release date | May 10, 2024 |
| EPS estimate | - |
| EPS actual | $0.190 |
| Revenue estimate | - |
| Revenue actual | 86.744M |
Last 4 Quarters for Consumer Portfolio Services
Below you can see how CPSS performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q1 2024
| Release date | May 10, 2024 |
| Fiscal end date | Mar 31, 2024 |
| Price on release | $8.21 |
| EPS estimate | - |
| EPS actual | $0.190 |
| Date | Price |
|---|---|
| May 06, 2024 | $8.82 |
| May 07, 2024 | $8.56 |
| May 08, 2024 | $8.64 |
| May 09, 2024 | $8.69 |
| May 10, 2024 | $8.21 |
| May 13, 2024 | $8.17 |
| May 14, 2024 | $7.61 |
| May 15, 2024 | $8.24 |
| May 16, 2024 | $8.54 |
| 4 days before | -6.92% |
| 4 days after | 4.02% |
| On release day | -0.487% |
| Change in period | -3.17% |
Q2 2024
| Release date | Jul 30, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $10.00 |
| EPS estimate | - |
| EPS actual | $0.190 |
| Date | Price |
|---|---|
| Jul 24, 2024 | $10.08 |
| Jul 25, 2024 | $10.49 |
| Jul 26, 2024 | $10.00 |
| Jul 29, 2024 | $9.67 |
| Jul 30, 2024 | $10.00 |
| Jul 31, 2024 | $9.46 |
| Aug 01, 2024 | $9.45 |
| Aug 02, 2024 | $8.61 |
| Aug 05, 2024 | $8.35 |
| 4 days before | -0.794% |
| 4 days after | -16.50% |
| On release day | -5.40% |
| Change in period | -17.16% |
Q3 2024
Missed
| Release date | Oct 31, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $10.01 |
| EPS estimate | $0.210 |
| EPS actual | $0.200 |
| EPS surprise | -4.76% |
| Date | Price |
|---|---|
| Oct 25, 2024 | $9.84 |
| Oct 28, 2024 | $10.03 |
| Oct 29, 2024 | $10.07 |
| Oct 30, 2024 | $10.03 |
| Oct 31, 2024 | $10.01 |
| Nov 01, 2024 | $10.01 |
| Nov 04, 2024 | $9.98 |
| Nov 05, 2024 | $10.62 |
| Nov 06, 2024 | $11.19 |
| 4 days before | 1.73% |
| 4 days after | 11.79% |
| On release day | 0% |
| Change in period | 13.72% |
Q4 2024
Missed
| Release date | Feb 25, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $10.15 |
| EPS estimate | $0.270 |
| EPS actual | $0.210 |
| EPS surprise | -22.22% |
| Date | Price |
|---|---|
| Feb 19, 2025 | $11.67 |
| Feb 20, 2025 | $11.33 |
| Feb 21, 2025 | $10.52 |
| Feb 24, 2025 | $10.26 |
| Feb 25, 2025 | $10.15 |
| Feb 26, 2025 | $10.02 |
| Feb 27, 2025 | $9.81 |
| Feb 28, 2025 | $10.00 |
| Mar 03, 2025 | $9.66 |
| 4 days before | -13.02% |
| 4 days after | -4.83% |
| On release day | -1.28% |
| Change in period | -17.22% |
Consumer Portfolio Services Earnings Call Transcript Summary of Q4 2024
Current Performance Overview:
- Quarterly Revenue: Reached $105.3 million, a 5% increase from Q3 2024 and a 14% rise from Q4 2023.
- Annual Revenue: Totaled $393.5 million for 2024, up 12% from 2023.
- Loan Originations: Originated $458 million in Q4 2024, a significant 52% increase year-over-year. Total loan originations for 2024 amounted to $1.68 billion, up 24%.
Credit Performance:
- Improved Credit Quality: 2024 has shown better credit performance as a result of strategic changes, with a notable shift leading to less reliance on weaker 2022 loans.
- Net Charge-Offs: Annual net charge-offs in Q4 stood at 8.02%, slightly up from 7.74% at the end of 2023. However, expectations indicate improvement as newer vintages perform better.
- Delinquency Rates: DQ greater than 30 days was reported at 14.85%, showing only minor increases.
Financial Performance:
- Pretax Earnings: Enjoyed $7.4 million in Q4 2024, down 24% from the previous year, while annual pretax earnings decreased to $27.4 million from $61.1 million.
- Net Income: Reported at $5.1 million for Q4 and $19.2 million for the full year, down from $7.2 million and $45.3 million in 2023, respectively.
- Earnings Per Share: Decreased to $0.21 for Q4 and $0.79 for the year, compared to $0.29 and $1.80 in the previous year.
Expense Management:
- Total Expenses: Increased to $98 million for the quarter and $366.1 million for the year, with inflation in interest expenses and adjustments in loan provisions contributing to this rise.
- Interest Income: Continued pressure from higher interest rates impacting profit margins.
Strategic Growth Initiatives:
- Sales Force Expansion: 42 new sales reps added in anticipation of growth, with a focus on increasing market share and dealer partnerships.
- Tech Investments: Implementation of AI-driven technologies for fraud prevention and customer interactions aimed at improving operational efficiencies.
Market Outlook:
- Positive Economic Indicators: The unemployment rate remains low at 4.4%, with a nominal projected increase, suggesting stable customer financial health.
- Future Growth Expectation: Management anticipates strong growth in 2025, supported by improved credit performance and a well-structured operating framework.
Conclusion:
- Management expresses cautious optimism for 2025, projecting a continuation of the positive trends established in 2024, while emphasizing a focus on improving credit quality, operational efficiency, and further enhancements in loan origination processes.
- Overall, investors should note that while 2024 showed some weaknesses in net income and earnings, there are signs of recovery and a focused strategy for growth moving into 2025. The groundwork laid in terms of credit quality, sales force expansion, and technology investments positions the company for potential upside in the near future.
Consumer Portfolio Services Earnings History
Earnings Calendar
FAQ
When is the earnings report for CPSS?
Consumer Portfolio Services (CPSS) has scheduled its earnings report for May 09, 2025 after the markets close.
What is the CPSS price-to-earnings (P/E) ratio?
CPSS P/E ratio as of Mar 14, 2025 (TTM) is 9.61.
What is the CPSS EPS forecast?
The forecasted EPS (Earnings Per Share) for Consumer Portfolio Services (CPSS) for the first fiscal quarter 2025 is $0.300.
What are Consumer Portfolio Services's retained earnings?
On its balance sheet, Consumer Portfolio Services reported retained earnings of $52.78 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
