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• Credit Acceptance Corp CACC.OQ reported quarterly adjusted earnings of $10.29​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $1.69. The mean expectation of three analysts for the quarter was for earnings of $8.91 per share. Wall Street expected results to range from $8.87 to $8.94 per share.

• Revenue rose 12.6% to $538.20 million from a year ago; analysts expected $479.03 million.

• Credit Acceptance Corp's reported EPS for the quarter was a loss of $3.83​.

• The company reported a quarterly loss of $47.1 million.

• Credit Acceptance Corp shares had risen by 12.9% this quarter and gained 9.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.1% in the last three months.​

• In the last 30 days, there have been revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the consumer lending peer group is also "hold"

Wall Street's median 12-month price target for Credit Acceptance Corp is $449.00

This summary was machine generated from LSEG data July 31 at 09:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)