Santander Consumer USA (NYSE:SC) is set to announce its earnings results before the market opens on Tuesday, April 24th. Analysts expect the company to announce earnings of $0.41 per share for the quarter.
Santander Consumer USA (NYSE:SC) last released its earnings results on Wednesday, January 31st. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.03). Santander Consumer USA had a net margin of 18.09% and a return on equity of 11.37%. The company had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the firm earned $0.17 EPS. On average, analysts expect Santander Consumer USA to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Santander Consumer USA stock opened at $15.60 on Tuesday. Santander Consumer USA has a 12-month low of $11.12 and a 12-month high of $19.02. The firm has a market cap of $5,694.00, a P/E ratio of 8.97, a P/E/G ratio of 4.00 and a beta of 1.10.
Several research analysts have weighed in on SC shares. Zacks Investment Research downgraded shares of Santander Consumer USA from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Oppenheimer started coverage on shares of Santander Consumer USA in a report on Monday, January 8th. They set a “hold” rating on the stock. JPMorgan Chase upgraded shares of Santander Consumer USA from a “neutral” rating to an “overweight” rating and lowered their price objective for the stock from $20.50 to $16.00 in a report on Friday, January 12th. Morgan Stanley upped their price objective on shares of Santander Consumer USA from $18.00 to $19.50 and gave the stock an “equal weight” rating in a report on Thursday, February 1st. Finally, Piper Jaffray restated a “buy” rating and set a $25.00 price objective on shares of Santander Consumer USA in a report on Thursday, February 1st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $18.70.
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About Santander Consumer USA
Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.
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