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[beleggenmethenkBijdrager]

Iemand input

Ticker
Koers/winst verhouding 7,3 (2014)
Verwachtte groei winst per aandeel 60%

Koers $ 7,60. In 2012 stond het aandeel nog boven $ 12. Kopen boven $ 8,-

Mijn onderbouwing:

http://beleggenmethenk.blogspot.nl/2013/12/microcaps-consumer-portfolio-services.html

Stockquote

finance.yahoo.com/q?s=CPSS

[beleggenmethenkBijdrager]

Koers/winst 14 nog altijd onder de 10

Consensus WPA verwachting 2014 $ 0,90

Nieuwsbericht

CPS Announces Fourth Quarter 2013 Earnings
Pretax income of $11.5 million
Net income of $6.5 million, or $0.21 per diluted share
New contract purchases of $173 million
Total managed portfolio increases to $1.231 billion from $1.167 billion at September 30, 2013
IRVINE, Calif., Feb. 10, 2014 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq:CPSS) (“CPS” or the “Company”) today announced earnings of $6.5 million, or $0.21 per diluted share, for its fourth quarter ended December 31, 2013. This compares to net income of $64.8 million, or $2.20 per diluted share, in the fourth quarter of 2012. The 2012 period includes an income tax benefit of $60.2 million, or $2.04 per diluted share, related to the reversal of a valuation allowance against the Company’s deferred tax asset net of current period income tax expense. Earnings for 2013 were $21.0 million, or $0.67 per diluted share, as compared to earnings of $69.4 million, or $2.72 per diluted share, for 2012. The 2012 period includes an income tax benefit of $60.2 million, or $2.36 per diluted share, related to the reversal of a valuation allowance against the Company’s deferred tax asset net of current period income tax expense.

Revenues for the fourth quarter of 2013 were $66.6 million, an increase of $16.0 million, or 32%, compared to $50.6 million for the fourth quarter of 2012. Total operating expenses for the fourth quarter of 2013 were $55.1 million, an increase of $9.1 million, or 20%, compared to $46.0 million for the 2012 period. Pretax income for the fourth quarter of 2013 was $11.5 million compared to pretax income of $4.6 million in the fourth quarter of 2012, an increase of 150%.

For the year ended December 31, 2013 total revenues were $255.8 million compared to $187.2 million for the year ended December 31, 2012, an increase of approximately $68.6 million, or 37%. Total expenses for the year ended December 31, 2013 were $218.6 million, an increase of $40.6 million, or 23%, compared to $178.0 million for the year ended December 31, 2012. Pretax income for the year ended December 31, 2013 was $37.2 million, compared to $9.2 million for the year ended December 31, 2012.

During the fourth quarter of 2013, CPS purchased $173.4 million of new contracts compared to $206.8 million during the third quarter of 2013 and $150.8 million during the fourth quarter of 2012. The Company’s managed receivables totaled $1.231 billion as of December 31, 2013, an increase from $1.167 billion as of September 30, 2013 and $897.6 million as of December 31, 2012, as follows ($ in millions):

Verder
http://ir.consumerportfolio.com/releasedetail.cfm?ReleaseID=824597

Transcriptie conference call

http://seekingalpha.com/article/2013001-consumer-portfolios-ceo-discusses-q4-2013-results-earnings-call-transcript?page=1

[Auteur]

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