Credit Acceptance Corporation (CACC)
Credit Acceptance (CACC) Aided By Auto Loan Demand Amid Cost Woes
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) Posts Q2 Loss, Y/Y Rise in Provisions
Credit Acceptance (CACC) records a y/y rise in revenues and operating expenses in the second quarter of 2024.
Compared to Estimates, Credit Acceptance (CACC) Q2 Earnings: A Look at Key Metrics
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.
Credit Acceptance (CACC) Reports Q2 Loss, Tops Revenue Estimates
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.
Best Momentum Stocks to Buy for July 8th
PRMW, TDS and CACC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 8, 2024.
Auto Loan Demand Aids Credit Acceptance (CACC) Amid Cost Woes
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.
