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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Credit Acceptance (CACC) Earnings Date, Estimates & Call Transcripts

$535.48
-0.92 (-0.17%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 6Estimated
Actual EPS
(Jan. 31)
$10.06 Beat By $0.89
Consensus EPS
(Jan. 31)
$9.17
Skip Charts & View Estimated and Actual Earnings Data

CACC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CACC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Credit Acceptance Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$9.60$12.27$10.94
Q2 20242$10.45$12.65$11.55
Q3 20242$11.53$13.03$12.28
Q4 20242$11.49$13.43$12.46
FY 20248$43.07$51.38$47.23
Q1 20251$11.29$11.29$11.29
Q2 20251$12.11$12.11$12.11
Q3 20251$12.11$12.11$12.11
Q4 20251$12.75$12.75$12.75
FY 20254$48.26$48.26$48.26

CACC Earnings Date and Information

Credit Acceptance last issued its quarterly earnings data on January 31st, 2024. The credit services provider reported $10.06 earnings per share for the quarter, beating analysts' consensus estimates of $9.17 by $0.89. The firm earned $491.60 million during the quarter, compared to analyst estimates of $478.80 million. Credit Acceptance has generated $22.02 earnings per share over the last year ($22.02 diluted earnings per share) and currently has a price-to-earnings ratio of 24.3. Earnings for Credit Acceptance are expected to grow by 14.29% in the coming year, from $40.95 to $46.80 per share. Credit Acceptance has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, May 6th, 2024 based off prior year's report dates.

Credit Acceptance Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/6/2024
Estimated)
------- 
1/31/2024Q4 2023$9.17$10.06+$0.89$12.83$478.80 million$491.60 million
10/30/2023Q3 2023$12.88$10.70($2.18)$15.97$485.68 million$478.60 million
8/1/2023Q2 2023$10.81$10.69($0.12)$19.69$463.83 million$477.90 million    
5/1/2023Q1 2023$12.27$9.71($2.56)$11.81$458.12 million$453.80 million    
1/31/2023Q4 2022$9.28$11.74+$2.46$13.90$452.89 million$459.00 million    
11/1/2022Q3 2022$13.17$13.36+$0.19$20.23$453.30 million$460.30 million
8/1/2022Q2 2022$12.14$13.92+$1.78$19.90$454.77 million$457.40 million    
5/2/2022Q1 2022$13.30$13.76+$0.46$12.58$443.64 million$455.70 million    
1/31/2022Q4 2021$14.75$14.26($0.49)$13.92$458.23 million$463.20 million    
11/1/2021Q3 2021$13.45$15.79+$2.34$11.89$461.37 million$470.10 million    
7/28/2021Q2 2021$10.36$17.18+$6.82$10.24$456.57 million$471.70 million    
4/28/2021Q1 2021$7.93$11.82+$3.89$7.46$427.90 million$451.00 million  

Credit Acceptance Earnings - Frequently Asked Questions

When is Credit Acceptance's earnings date?

Credit Acceptance has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, May 6th, 2024 based off last year's report dates. Learn more on CACC's earnings history.

Did Credit Acceptance beat their earnings estimates last quarter?

In the previous quarter, Credit Acceptance (NASDAQ:CACC) reported $10.06 earnings per share (EPS) to beat the analysts' consensus estimate of $9.17 by $0.89. Learn more on analysts' earnings estimate vs. CACC's actual earnings.

How much revenue does Credit Acceptance generate each year?

Credit Acceptance (NASDAQ:CACC) has a recorded annual revenue of $1.90 billion.

How much profit does Credit Acceptance generate each year?

Credit Acceptance (NASDAQ:CACC) has a recorded net income of $286.10 million. CACC has generated $22.02 earnings per share over the last four quarters.

What is Credit Acceptance's price-to-earnings ratio?

Credit Acceptance (NASDAQ:CACC) has a trailing price-to-earnings ratio of 24.32 and a forward price-to-earnings ratio of 13.08.

What is Credit Acceptance's EPS forecast for next year?

Credit Acceptance's earnings are expected to grow from $40.95 per share to $46.80 per share in the next year, which is a 14.29% increase.


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This page (NASDAQ:CACC) was last updated on 4/19/2024 by MarketBeat.com Staff

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