Credit Acceptance Q2 Adjusted Earnings, Revenue Rise

MT Newswires Live

08/05

Credit Acceptance (CACC) reported Q2 non-GAAP net income late Tuesday of $12.12 per diluted share, up from $10.05 a year earlier.

Four analysts polled by FactSet expected $12.20.

Revenue for the quarter ended June 30 was $587.4 million, up from $583.8 million a year earlier.

Three analysts expected $588.1 million.

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