Credit Acceptance (CACC) Q3 Earnings Miss Estimates

Credit Acceptance (CACC) came out with quarterly earnings of $6.35 per share, missing the Zacks Consensus Estimate of$ 7.88 per share. This compares to earnings of $5.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -19.42%. A quarter ago, it was expected that this auto financing company would post earnings of$ 7.20 per share when it actually produced a loss of $3.83, delivering a surprise of -153.19%.Over the last four quar ...