Credit Acceptance (CACC) Reports Q4 Earnings: What Key Metrics Have to Say

Credit Acceptance (CACC) reported $491.6 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 7.1%. EPS of $7.29 for the same period compares to $9.58 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $478.8 million, representing a surprise of +2.67%. The company delivered an EPS surprise of +61.28%, with the consensus EPS estimate being $4.52.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...