Credit Acceptance (CACC) Q4 Earnings and Revenues Top Estimates

Credit Acceptance (CACC) came out with quarterly earnings of $7.29 per share, beating the Zacks Consensus Estimate of$ 4.52 per share. This compares to earnings of $9.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 61.28%. A quarter ago, it was expected that this auto financing company would post earnings of$ 6.59 per share when it actually produced earnings of $5.43, delivering a surprise of -17.60%.Over the last four quar ...