Credit Acceptance: Q2 Earnings Insights

Credit Acceptance CACC reported its Q2 earnings results on Monday, August 1, 2022 at 04:00 PM.

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

Earnings

Credit Acceptance beat estimated earnings by 7.99%, reporting an EPS of $13.92 versus an estimate of $12.89.

Revenue was down $14.30 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.39 which was followed by a 20.16% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 12.37 12.69 12.02 9.50
EPS Actual 13.76 14.26 13.84 13.71
Revenue Estimate 443.42M 459.36M 461.37M 454.30M
Revenue Actual 455.70M 463.20M 470.10M 471.70M

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.

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