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.

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.

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.

Earnings Calendar