Credit Acceptance (CACC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended September 2024, Credit Acceptance (CACC) reported revenue of $550.3 million, up 15% over the same period last year. EPS came in at$ 6.35, compared to $5.43 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of$ 542.46 million, representing a surprise of +1.45%. The company delivered an EPS surprise of -19.42%, with the consensus EPS estimate being $7.88. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...