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To: patron_anejo_por_favor who wrote (197713)10/15/2002 6:18:19 PM
From: Israel  Read Replies (1) | Respond to of 436258
 
(BSNS WIRE) AmeriCredit Reports First Quarter Operating Results
AmeriCredit Reports First Quarter Operating Results


Business Editors

FORT WORTH, Texas--(BUSINESS WIRE)--Oct. 15, 2002--AmeriCredit
Corp. (NYSE:ACF):

-- 1st Quarter Earnings Per Share $0.81

-- 1st Quarter Net Income $70.2 Million

-- Quarterly Loan Originations $2.4 Billion

----Annualized net charge-offs were 5.3% of average managed auto
receivables for the first quarter of fiscal 2003. This compares to net
charge-offs of 5.2% last quarter and 3.8% for the first quarter of
fiscal 2002. Managed auto receivables more than sixty days delinquent
were 3.5% of total managed auto receivables at September 30, 2002,
compared to 3.1% at September 30, 2001.