Credit Acceptance (NASDAQ:CACC) reported its Q1 earnings results on Monday, May 2, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Credit Acceptance beat estimated earnings by 11.24%, reporting an EPS of $13.76 versus an estimate of $12.37.
Revenue was up $4.70 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.57 which was followed by a 2.45% drop in the share price the next day.
Here's a look at Credit Acceptance's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 12.69 | 12.02 | 9.50 | 7.92 |
| EPS Actual | 14.26 | 13.84 | 13.71 | 9.64 |
| Revenue Estimate | 459.36M | 461.37M | 454.30M | 422.26M |
| Revenue Actual | 463.20M | 470.10M | 471.70M | 451.00M |
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.
