Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (214913)	1/16/2003 9:30:37 AM
From: reaper	Read Replies (4) of 436258

in a surprising development, ACF coughing up blood AGAIN. this one is now better than Metris for me. wonder how Tom Brown is feeling this AM? 7:34AM AmeriCredit reports Q2, sees credit losses rising (ACF) 8.10: Posts Q2 loss of $0.18 a share (including items). The Multex consensus was for a loss of $0.06. ACF expects credit losses to rise during the 1st-half of 2003. "We're seeing continued weakness in recovery values on repossessed vehicles and in the overall economy, causing increases in both loss severity and frequency." ACF states that it expects to be profitable in 2003 (consensus is for earnings of $0.66). Cheers

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