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Santander Consumer: 4Q Earnings Snapshot

DALLAS (AP) _ Santander Consumer USA Holdings Inc. (SC) on Wednesday reported fourth-quarter profit of $104.3 million.

On a per-share basis, the Dallas-based company said it had net income of 29 cents.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The consumer finance company posted revenue of $1.88 billion in the period.

For the year, the company reported profit of $915.9 million, or $2.54 per share. Revenue was reported as $7.13 billion.

Santander Consumer shares have increased slightly more than 8 percent since the beginning of the year. The stock has climbed slightly more than 2 percent in the last 12 months.


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