DALLAS (AP) _ Santander Consumer USA Holdings Inc. (SC) on Wednesday reported third-quarter earnings of $490.1 million.

The Dallas-based company said it had net income of $1.58 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.

The consumer finance company posted revenue of $2.03 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.97 billion.

Santander Consumer shares have dropped 10% since the beginning of the year. The stock has fallen 17% 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

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