Compared to Estimates, Credit Acceptance (CACC) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2024, Credit Acceptance (CACC) reported revenue of $508 million, up 11.9% over the same period last year. EPS came in at $5.08, compared to $7.61 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $495.27 million, representing a surprise of +2.57%. The company delivered an EPS surprise of -25.40%, with the consensus EPS estimate being $6.81.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...