Compared to Estimates, Credit Acceptance (CACC) Q2 Earnings: A Look at Key Metrics

For the quarter ended June 2024, Credit Acceptance (CACC) reported revenue of $538.2 million, up 12.6% over the same period last year. EPS came in at -$3.83, compared to $1.69 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $523.71 million, representing a surprise of +2.77%. The company delivered an EPS surprise of -153.19%, with the consensus EPS estimate being $7.20. While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...