An increase in finance charges, lower provisions and higher net loan receivables support Credit Acceptance's Q4 earnings.
While the top- and bottom-line numbers for Credit Acceptance (CACC) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Credit Acceptance Corporation (NASDAQ:CACC ) Q4 2024 Earnings Conference Call January 30, 2024 5:00 PM ET Company Participants Jay D. Martin - Chief Financial Officer Kenneth S.
Credit Acceptance (CACC) came out with quarterly earnings of $12.26 per share, beating the Zacks Consensus Estimate of $6.82 per share. This compares to earnings of $7.29 per share a year ago.
Higher provisions and operating expenses hurt Credit Acceptance's Q3 earnings, while a rise in revenues offers some support.
Credit Acceptance Corporation (NASDAQ:CACC ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Jay Martin - CFO Ken Booth - CEO Conference Call Participants Moshe Orenbuch - TD Cowen John Rowan - Janney Montgomery Scott John Hecht - Jefferies Rob Wildhack - Autonomous Research Ryan Shelley - Bank of America Operator Good day, everyone, and welcome to the Credit Acceptance Corporation Third Quarter 2024 Earnings Call. Today's call is being recorded.
Although the revenue and EPS for Credit Acceptance (CACC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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.
Credit Acceptance (CACC) reported earnings 30 days ago. What's next for the stock?
Decent auto loan demand and a rise in dealer enrollment numbers support Credit Acceptance (CACC) amid higher expenses and deteriorating asset quality.
Credit Acceptance (CACC) records a y/y rise in revenues and operating expenses in the second quarter of 2024.
Although the revenue and EPS for Credit Acceptance (CACC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.