The latest quarterly earnings report for Credit Acceptance Corporation (CACC) is scheduled for Tuesday, April 28th, with a consensus estimate EPS of $10.73.
Credit Acceptance Corporation (CACC) is currently priced at $512.52, experiencing a price change of -$2.72 (-0.528%) from the previous close of $515.24. The trading volume is $47.12, representing a 22.03% increase relative to the average.
The most recent quarterly earnings report for CACC was on Wednesday, January 28th, with a consensus estimate EPS of 10.3. Further details on revenue and earnings are not available.
CACC's financial health shows positive indicators with free cash flow of $268.9 million, debt repayment of $16.3 million, and a net change in cash of $1.9 million.
The income statement reveals revenue of $579.9 million, gross profit of $573.2 million, and a net income of $122 million, resulting in an EPS of $11.18.
Key financial ratios for CACC include a net profit margin of 21.04%, return on equity of 8.01%, and a price-to-earnings ratio of 9.91.
CACC's balance sheet highlights total assets of $9.60 billion, total liabilities of $8 billion, and net debt of $5.85 billion.
This financial report provides insights into CACC's current performance, upcoming earnings, and financial health.
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company was founded in 1972 and is headquartered in Southfield, Michigan.