Compared to Estimates, Credit Acceptance (CACC) Q1 Earnings: A Look at Key Metrics
CACCCredit Acceptance(CACC) Zacks Investment Research·2024-05-01 08:06

For the quarter ended March 2024, Credit Acceptance (CACC) reported revenue of 508million,up11.9508 million, up 11.9% over the same period last year. EPS came in at 5.08, compared to 7.61intheyear−agoquarter.ThereportedrevenuecomparestotheZacksConsensusEstimateof7.61 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 -- a ...