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Credit Acceptance (CACC) Q3 Earnings Beat Estimates

Credit Acceptance (CACC) came out with quarterly earnings of 10.28pershare,beatingtheZacksConsensusEstimateof10.28 per share, beating the Zacks Consensus Estimate of 9.61 per share. This compares to earnings of 6.35pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+6.976.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.97%. A quarter ago, it was expected that this auto financing company would post earnings of 9.84 per share when it actually produced earnings of $8.56, delivering a surprise of -13.01%.Over the last four qua ...