Credit Acceptance: Q2 Earnings Insights

Credit Acceptance CACC reported its Q2 earnings results on Monday, August 1, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Credit Acceptance beat estimated earnings by 7.99%, reporting an EPS of $13.92 versus an estimate of $12.89.

Revenue was down $14.30 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.39 which was followed by a 20.16% increase in the share price the next day.

Here's a look at Credit Acceptance's past performance:

To track all earnings releases for Credit Acceptance visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.