Credit Acceptance (CACC) Reports Q2 Loss, Tops Revenue Estimates
CACCCredit Acceptance(CACC) ZACKS·2024-08-01 06:46

Credit Acceptance (CACC) came out with a quarterly loss of 3.83pershareversustheZacksConsensusEstimateof3.83 per share versus the Zacks Consensus Estimate of 7.20. This compares to earnings of 1.69pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof153.191.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -153.19%. A quarter ago, it was expected that this auto financing company would post earnings of 6.81 per share when it actually produced earnings of $5.08, delivering a surprise of -25.40%.Over the last four quarters, the co ...