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Credit Acceptance Q1 Adjusted Earnings Fall, Revenue Rises
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Credit Acceptance Q1 Adjusted Earnings Fall, Revenue Rises
Apr 30, 2024 3:03 PM

05:41 PM EDT, 04/30/2024 (MT Newswires) -- Credit Acceptance ( CACC ) posted Q1 adjusted diluted net income late Tuesday of $9.28 per share, down from $9.71 a year ago.

Three analysts polled by Capital IQ expected EPS of $9.13.

Revenue for the quarter ended March 31 was $508.0 million, up from $453.8 million a year earlier. Three analysts surveyed by Capital IQ expected $497.7 million.

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