Credit Acceptance (CACC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Credit Acceptance (CACC) reported revenue of $565.9 million for Q4 2024, marking a year-over-year increase of 15.1% and exceeding the Zacks Consensus Estimate of$ 562.4 million by 0.62% [1] - The company's EPS for the same quarter was $12.26, a significant increase from$ 7.29 a year ago, resulting in an EPS surprise of 79.77% compared to the consensus estimate of $6.82 [1] Financial Performance Metrics - Other income for the quarter was reported at$ 22.90 million, surpassing the estimated $19.31 million, reflecting a year-over-year increase of 24.5% [4] - Premiums earned amounted to$ 24.80 million, slightly below the estimated $25.14 million, but still showing a year-over-year increase of 14.8% [4] - Finance charges reached$ 518.20 million, exceeding the estimated $510.97 million, with a year-over-year increase of 14.8% [4] Stock Performance - Over the past month, shares of Credit Acceptance have returned +11.8%, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]