Credit Acceptance Q3 Adj EPS $10.70, Sales $478.60M Miss $487.25M Estimate

Credit Acceptance Corporation -0.91%

Credit Acceptance Corporation

CACC

465.20

-0.91%

Credit Acceptance (NASDAQ: CACC) reported quarterly earnings of $10.70 per share which beat the analyst consensus estimate of $5.71 by 87.39 percent. This is a 19.91 percent decrease over earnings of $13.36 per share from the same period last year. The company reported quarterly sales of $478.60 million which missed the analyst consensus estimate of $487.25 million by 1.78 percent. This is a 3.98 percent increase over sales of $460.30 million the same period last year.
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