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Credit Acceptance Q1 2023 Earnings Report

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$484.82 +2.58 (+0.54%)
As of 01/17/2025 04:00 PM Eastern

Credit Acceptance EPS Results

Actual EPS
$9.71
Consensus EPS
$12.27
Beat/Miss
Missed by -$2.56
One Year Ago EPS
$13.76

Credit Acceptance Revenue Results

Actual Revenue
$453.80 million
Expected Revenue
$458.12 million
Beat/Miss
Missed by -$4.32 million
YoY Revenue Growth
-0.40%

Credit Acceptance Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

Credit Acceptance Earnings Headlines

StockNews.com Upgrades Credit Acceptance (NASDAQ:CACC) to Buy
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About Credit Acceptance

Credit Acceptance (NASDAQ:CACC) engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company serves independent and franchised automobile dealers. Credit Acceptance Corporation was incorporated in 1972 and is headquartered in Southfield, Michigan.

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