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Recap: Credit Acceptance Q4 Earnings

Author: Benzinga Insights | January 31, 2024 05:05pm

Credit Acceptance (NASDAQ:CACC) reported its Q4 earnings results on Wednesday, January 31, 2024 at 04:02 PM.

Here's what investors need to know about the announcement.

Earnings

Credit Acceptance beat estimated earnings by 85.27%, reporting an EPS of $10.06 versus an estimate of $5.43.

Revenue was up $32.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $4.99 which was followed by a 1.35% increase in the share price the next day.

Here's a look at Credit Acceptance's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 5.71 8.18 8.81 7.16
EPS Actual 10.70 10.69 9.71 11.74
Revenue Estimate 487.25M 463.86M 458.20M 452.89M
Revenue Actual 478.60M 477.90M 453.80M 459.00M

To track all earnings releases for Credit Acceptance visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: CACC

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