Equity Profile

CACC

Credit Acceptance Corporation

FinancialsConsumer Finance$6.0B

Jul30Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$10.61

Loan Originations

Loan originations reflect the company's ability to attract new customers and grow its business, impacting future revenue.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CACC Q2-2026 Earnings Preview

Context

Company Snapshot

Credit Acceptance Corporation (CACC) operates in the financial sector, focusing on consumer finance. The company provides financing solutions for car purchases, primarily targeting customers with less-than-perfect credit. As consumer spending and credit conditions fluctuate, CACC's performance is closely tied to the broader economic environment.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+0.82%

Avg Stock Reaction

+0.26%

Last Quarter Recap

In Q1 2026, Credit Acceptance reported an EPS of $10.71, slightly beating expectations. The stock reacted positively, gaining 3.68% the following day.

Management Promises & Guidance

Focus on improving loan origination processes.
Commitment to maintaining strong credit quality.
Plans to expand marketing efforts to reach more potential customers.

Expectations

Wall Street Expectations

Overall, analysts expect Credit Acceptance to continue its trend of beating EPS estimates, driven by strong demand for auto financing. However, concerns about rising delinquency rates may weigh on investor sentiment.

Bull Case

If the company can demonstrate robust loan growth and maintain low delinquency rates, it could lead to a significant increase in stock price, reflecting strong operational performance.

Bear Case

Conversely, if delinquency rates rise or loan originations fall short of expectations, it could signal potential trouble ahead, leading to a negative reaction in the stock.

Key Metrics to Watch

Earnings Per Share (EPS)

$10.61

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Loan Originations

N/A

Loan originations reflect the company's ability to attract new customers and grow its business, impacting future revenue.

Delinquency Rates

N/A

Delinquency rates provide insight into the credit quality of the loan portfolio and potential future losses.

Expectations

Two Questions That Matter

The print will turn on these two things.

What are the current delinquency rates and how do they compare to previous quarters?

Delinquency rates are crucial for assessing the credit quality of the loan portfolio and can significantly impact future earnings.

How have loan originations changed compared to the previous quarter?

Loan origination trends will provide insight into the company's growth potential and overall demand for its financing products.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating the potential for strong loan growth driven by improved marketing strategies and consumer demand, despite concerns about delinquency rates.

Supporting Evidence

CACC has historically shown resilience in maintaining profitability even during economic downturns.

Recent trends in consumer credit suggest a growing appetite for financing options, which could benefit CACC.

Insider selling may not necessarily indicate a lack of confidence in the company's future, as it could be related to personal financial planning.

Key Risk

If delinquency rates remain stable or improve, it could contradict the bearish sentiment surrounding the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the balance between loan growth and credit quality, which are critical for sustaining profitability.

Bull Confirmed If

Loan originations increase by at least 10% compared to the previous quarter, signaling strong demand.

Bear Confirmed If

Delinquency rates rise above 5%, indicating potential credit quality issues.

Pre-Earnings Positioning

Options Market

Implied Move

±11.36%

Historical Avg

±2.21%

Pricing rich

The options market is pricing in a significant move following the earnings report, suggesting heightened uncertainty among investors.

Options are pricing a larger move than the stock has historically averaged, indicating that investors are anticipating volatility.

Detail

30d HV

36.2%

Calls (0)P/C Ratio: 0.63Puts (500)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 11 of 26 (42%)

This setup has occurred 30 times across Financials in the last 2 years. 11 of 26 faded and 15 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 2.4%, with a raw directional average of -0.0% (roughly flat historical bias).

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$12.5M

23,512 sh

5 insiders

Net

$12.5M

Net selling

Most Active Insiders· 20 open-market trades

Insider

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Credit Acceptance beats expectations, history suggests a potential stock increase of around 0.63%, confirming strong operational performance.

In-Line / Cautious

A cautious in-line report could lead to muted reactions as investors weigh management's commentary on future growth prospects.

Miss

If the company misses expectations, history suggests a potential decline of about 0.35%, reflecting concerns over operational challenges.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on marketing strategies and their impact on loan originations.
2Specific numbers on delinquency rates and how they compare to historical averages.
3Management's outlook on consumer demand for auto financing.
4Any changes in underwriting standards that could affect loan quality.
5Insights into competitive pressures in the consumer finance market.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Jul27

KRCAMC

Kilroy Realty Corporation

PreviewView

Jul27

PIIAMC

Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$10.61

Loan Originations

Loan originations reflect the company's ability to attract new customers and grow its business, impacting future revenue.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CACC Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+0.82%

Avg Stock Reaction

+0.26%

Last Quarter Recap

In Q1 2026, Credit Acceptance reported an EPS of $10.71, slightly beating expectations. The stock reacted positively, gaining 3.68% the following day.

Management Promises & Guidance

Focus on improving loan origination processes.
Commitment to maintaining strong credit quality.
Plans to expand marketing efforts to reach more potential customers.

Expectations

Wall Street Expectations

Bull Case

If the company can demonstrate robust loan growth and maintain low delinquency rates, it could lead to a significant increase in stock price, reflecting strong operational performance.

Bear Case

Conversely, if delinquency rates rise or loan originations fall short of expectations, it could signal potential trouble ahead, leading to a negative reaction in the stock.

Key Metrics to Watch

Earnings Per Share (EPS)

$10.61

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Loan Originations

N/A

Loan originations reflect the company's ability to attract new customers and grow its business, impacting future revenue.

Delinquency Rates

N/A

Delinquency rates provide insight into the credit quality of the loan portfolio and potential future losses.

Expectations

Two Questions That Matter

The print will turn on these two things.

What are the current delinquency rates and how do they compare to previous quarters?

Delinquency rates are crucial for assessing the credit quality of the loan portfolio and can significantly impact future earnings.

How have loan originations changed compared to the previous quarter?

Loan origination trends will provide insight into the company's growth potential and overall demand for its financing products.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating the potential for strong loan growth driven by improved marketing strategies and consumer demand, despite concerns about delinquency rates.

Supporting Evidence

CACC has historically shown resilience in maintaining profitability even during economic downturns.

Recent trends in consumer credit suggest a growing appetite for financing options, which could benefit CACC.

Insider selling may not necessarily indicate a lack of confidence in the company's future, as it could be related to personal financial planning.

Key Risk

If delinquency rates remain stable or improve, it could contradict the bearish sentiment surrounding the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the balance between loan growth and credit quality, which are critical for sustaining profitability.

Bull Confirmed If

Loan originations increase by at least 10% compared to the previous quarter, signaling strong demand.

Bear Confirmed If

Delinquency rates rise above 5%, indicating potential credit quality issues.

Pre-Earnings Positioning

Options Market

Implied Move

±11.36%

Historical Avg

±2.21%

Pricing rich

The options market is pricing in a significant move following the earnings report, suggesting heightened uncertainty among investors.

Options are pricing a larger move than the stock has historically averaged, indicating that investors are anticipating volatility.

Detail

30d HV

36.2%

Calls (0)P/C Ratio: 0.63Puts (500)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 11 of 26 (42%)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$12.5M

23,512 sh

5 insiders

Net

$12.5M

Net selling

Most Active Insiders· 20 open-market trades

Insider

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Credit Acceptance beats expectations, history suggests a potential stock increase of around 0.63%, confirming strong operational performance.

In-Line / Cautious

A cautious in-line report could lead to muted reactions as investors weigh management's commentary on future growth prospects.

Miss

If the company misses expectations, history suggests a potential decline of about 0.35%, reflecting concerns over operational challenges.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on marketing strategies and their impact on loan originations.
2Specific numbers on delinquency rates and how they compare to historical averages.
3Management's outlook on consumer demand for auto financing.
4Any changes in underwriting standards that could affect loan quality.
5Insights into competitive pressures in the consumer finance market.