Credit Acceptance Corporation (CACC) Q2 2013 Earnings Results

Credit Accept Corp MI Beats on EPS, Stock Down 0.25%

Credit Accept Corp MI reported a positive surprise on EPS, which indicates better-than-expected profitability. However, the stock reacted negatively, declining by 0.25%. This could suggest that investors were looking for more comprehensive financial details or guidance, which were not provided.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$2.53	N/A	+1.20%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management conveyed a cautious optimism regarding their EPS results. They highlighted their commitment to improving operational efficiencies.

Management expressed satisfaction with the EPS performance despite not providing revenue figures.

They emphasized a focus on maintaining operational efficiency.

Credit Accept Corp MI Beats on EPS, Stock Down 0.25%

Key numbers

Management commentary

Credit Acceptance Corporation

More earnings this week

Credit Accept Corp MI Beats on EPS, Stock Down 0.25%

Key numbers

Management commentary