Credit Acceptance (CACC) Q3 Earnings Beat Estimates

Credit Acceptance (CACC) came out with quarterly earnings of $10.28 per share, beating the Zacks Consensus Estimate of $9.61 per share. This compares to earnings of $6.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.97%. A quarter ago, it was expected that this auto financing company would post earnings of $9.84 per share when it actually produced earnings of $8.56, delivering a surprise of -13.01%.Over the last four qua ...