Credit Acceptance (CACC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Credit Acceptance (CACC) reported $565.9 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 15.1%. EPS of $12.26 for the same period compares to $7.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $562.4 million, representing a surprise of +0.62%. The company delivered an EPS surprise of +79.77%, with the consensus EPS estimate being $6.82.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Credit Acceptance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Other income: $22.90 million versus $19.31 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +24.5% change. Revenue- Premiums earned: $24.80 million versus $25.14 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +14.8% change. Revenue- Finance charges: $518.20 million versus $510.97 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +14.8% change. View all Key Company Metrics for Credit Acceptance here>>>Shares of Credit Acceptance have returned +11.8% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Credit Acceptance Corporation (CACC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks