Credit Acceptance (NASDAQ:CACC) reported its Q4 earnings results on Wednesday, January 31, 2024 at 04:02 PM.
Here's what investors need to know about the announcement.
Earnings
Credit Acceptance beat estimated earnings by 85.27%, reporting an EPS of $10.06 versus an estimate of $5.43.
Revenue was up $32.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $4.99 which was followed by a 1.35% increase in the share price the next day.
Here's a look at Credit Acceptance's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 5.71 | 8.18 | 8.81 | 7.16 |
| EPS Actual | 10.70 | 10.69 | 9.71 | 11.74 |
| Revenue Estimate | 487.25M | 463.86M | 458.20M | 452.89M |
| Revenue Actual | 478.60M | 477.90M | 453.80M | 459.00M |
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.