Credit Acceptance (CACC) came out with a quarterly loss of $3.83 per share versus the Zacks Consensus Estimate of $7.20. This compares to earnings of $1.69 per share a year ago.
PRMW, TDS and CACC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 8, 2024.
Credit Acceptance's (CACC) revenues will likely continue to improve, supported by decent increases in dealer enrollments and active dealers. Yet, elevated costs might hurt profits.