Santander Consumer: 4Q Earnings Snapshot

DALLAS (AP) — Santander Consumer USA Holdings Inc. (SC) on Wednesday reported fourth-quarter earnings of $521.5 million.
On a per-share basis, the Dallas-based company said it had profit of $1.70.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The consumer finance company posted revenue of $2.06 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $2.03 billion.
For the year, the company reported profit of $910.9 million, or $2.87 per share. Revenue was reported as $8.09 billion.
Santander Consumer shares have risen slightly more than 7% since the beginning of the year. The stock has dropped 11% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SC at https://www.zacks.com/ap/SC