Why Is Credit Acceptance (CACC) Up 3.3% Since Last Earnings Report?

Core Viewpoint - Credit Acceptance (CACC) shares have increased by approximately 3.3% over the past month, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1] Estimates Movement - Estimates for Credit Acceptance have trended downward over the past month, with the consensus estimate shifting down by 6.33% [2] VGM Scores - Credit Acceptance has a Growth Score of B, a Momentum Score of D, and a Value Score of B, placing it in the top 40% for the value investment strategy. The overall aggregate VGM Score is B, which is relevant for investors not focused on a single strategy [3] Outlook - The downward trend in estimates indicates a negative shift, with Credit Acceptance holding a Zacks Rank of 3 (Hold). An in-line return is expected from the stock in the coming months [4] Industry Performance - Credit Acceptance is part of the Zacks Financial - Consumer Loans industry. Mr Cooper (COOP), a peer in the same industry, has gained 11% over the past month, reporting revenues of $560 million for the last quarter, which reflects a year-over-year decline of 0.7% [5] Earnings Expectations for Peers - For the current quarter, Mr Cooper is projected to post earnings of $3.33 per share, indicating a year-over-year increase of 32.1%. The Zacks Consensus Estimate for Mr Cooper has changed by -1.1% over the last 30 days, and it holds a Zacks Rank of 2 (Buy) [6]