First Acceptance Q3 2024 Earnings Results & Report

First Acceptance EPS Results

• Actual EPS: $0.14
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

First Acceptance Revenue Results

• Actual Revenue: $129.26 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

First Acceptance (OTCMKTS:FACO) is an insurance holding company that provides personal automobile insurance, primarily serving drivers who may have difficulty obtaining coverage through standard insurers. Its insurance products are marketed under the Acceptance Insurance brand and are designed to meet state-required liability coverage and other vehicle-insurance needs.

The company distributes policies through a network of retail locations, independent agents and digital channels. In addition to nonstandard auto insurance, its offerings have included related products and services such as vehicle physical-damage coverage, roadside assistance and other ancillary insurance products, depending on the customer’s state and eligibility.

First Acceptance has historically focused on selected U.S. markets, including states in the South and Southeast, where it operates through licensed insurance subsidiaries and local distribution networks. The company’s operations and product availability are subject to state insurance regulations and may vary by geography.