CPSS

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"Reported third-quarter net earnings of $4.27 million, on revenue of $73.7 million  
   
   
Approximate Financial Snapshot as of 1/11/07
Shares Outstanding 21.7M
52 Wk Hi/Lo 8.84/

5.08

Market Cap $149.7M
Recent Price $6.90

 

 

1/11/07

Consumer Portfolio Services (CPSS)

Website: www.ConsumerPortfolio.com

Services retail automobile purchase contracts.


CPSS Investor Highlights

  • Reported third-quarter net earnings of $4.27 million, or 18 cents a share, up from $1.4 million, or 6 cents a share, during the year-ago period. Posted revenue of $73.7 million vs. $49.4 million.
  • Announced that it closed a term securitization transaction, issuing $195.8 million of investment grade notes backed by automotive receivables. In the transaction, qualified institutional buyers purchased $195,800,000 of notes backed by automotive receivables originated by Consumer Portfolio Services.
  • Joined Route One which is a joint venture formed by DaimlerChrysler Financial Services, Ford Motor Credit Company, GMAC, and Toyota Financial Services to deliver vastly improved efficiencies in the credit application process for automobile dealers, their customers and participating finance institutions.
  • Announced that it has closed a new $35 million residual credit facility. The facility, which allows the Company to initiate borrowings over the next two years, is secured by eligible residual interests in previously securitized pools of automobile receivables.
  • CPSS is a quarterly issuer in the securitization market and currently services a total managed portfolio of over $1.5 billion across 20 pools.

Overview

Consumer Portfolio Services (CPSS) is a specialty finance company that provides indirect automobile financing to individual borrowers with past credit problems, low incomes, or limited credit histories. The Company purchases retail installment sales contracts primarily from factory franchised automobile dealers. The contracts are secured by late model used cars and to a lesser extent, new cars. The Company accumulates the contracts into pools, and finances the pooled contracts through the issuance of "AAA" rated asset-backed securities. CPS was founded in 1991 and currently purchases contracts in 47 states from approximately 7,000 dealers.

This is an abbreviated profile and we encourage readers interested in learning more about Consumer Portfolio Services to visit the company website at www.consumerportfolio.com.


Recent News and Press Releases

CPS Announces $220 Million Securitization

Consumer Portfolio Services (CPS) Joins RouteOne

CPS Announces New $35 Million Residual Credit Facility

Consumer Portfolio Services, Inc. Reports 2006 Third Quarter Earnings

For the latest Quote and News on CPSS Click Here.


Three Month Chart



Outlook

Consumer Portfolio Services, a small-cap value company in the finance sector, is expected to outperform the market over the next six months with less than average risk. Source MSN


Contacts

Consumer Portfolio Services

Investor Relations Contact
Robert E. Riedl
Phone (949) 753-6800
Fax (949) 450-3951


SEC Filings

CPSS filings with the SEC can be found here. All Fillings are current and the Company is fully reporting.


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