Credit Acceptance Corporation (CACC) News
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CACC News Highlights
- For CACC, its 30 day story count is now at 3.
- Over the past 19 days, the trend for CACC's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest CACC News From Around the Web
Below are the latest news stories about CREDIT ACCEPTANCE CORP that investors may wish to consider to help them evaluate CACC as an investment opportunity.
Here’s Why Credit Acceptance Corporation (CACC) Declined in 2022Ruane, Cunniff & Goldfarb, an investment adviser managing Sequoia Fund, released its Q4 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund returned 8.81% compared to a 7.56% return for the S&P 500 Index. The fund returned -30.52% in 2022 compared to -18.11% for the index. […] |
Credit Acceptance Announces Completion of $400.0 Million Asset-Backed FinancingSouthfield, Michigan, March 16, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $400.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we contributed loans having a value of approximately $500.2 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Not |
Credit Acceptance (CACC) Down 15.6% Since Last Earnings Report: Can It Rebound?Credit Acceptance (CACC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. |
Credit Acceptance Named a 2023 Top Workplaces USA Award WinnerSouthfield, Michigan, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a Top Workplaces USA Award winner for the third year in a row. This year we again made it into the Top 10 with a #8 ranking in the 1,000-2,499 employee size category. This is the first workplace award we’ve received this year. In 2022 we received 12 workplace awards, including reaching #49 in the Fortune 100 |
What Makes Credit Acceptance (CACC) a New Strong Buy StockCredit Acceptance (CACC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). |
Credit Acceptance Corporation (NASDAQ:CACC) Q4 2022 Earnings Call TranscriptCredit Acceptance Corporation (NASDAQ:CACC) Q4 2022 Earnings Call Transcript January 31, 2023 Operator: Good day, everyone, and welcome to the Credit Acceptance Corporation Fourth Quarter 2022 Earnings Call. Today’s call is being recorded. A webcast and transcript of today’s earnings call will be made available on Credit Acceptance’s website. At this time, I would like […] |
Credit Acceptance (CACC) Surpasses Q4 Earnings and Revenue EstimatesCredit Acceptance (CACC) delivered earnings and revenue surprises of 24.25% and 5.18%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock? |
Credit Acceptance Announces Fourth Quarter and Full Year 2022 ResultsSouthfield, Michigan, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $127.3 million, or $9.58 per diluted share, for the three months ended December 31, 2022 compared to consolidated net income of $217.6 million, or $14.60 per diluted share, for the same period in 2021. For the year ended December 31, 2022, consolidated net income was $535.8 million |
Here’s Why Credit Acceptance Corporation (CACC) Dropped in 2022Giverny Capital, an investment management company, recently published its fourth-quarter investor letter in 2022. A copy of the same can be downloaded here. The model portfolio of the firm appreciated 8.49%, net of fees in the fourth quarter compared to a 7.56% return for the Standard & Poor’s 500 Index. For 2022, the fund delivered a […] |
Credit Acceptance Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and WebcastSouthfield, Michigan , Jan. 24, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our fourth quarter and full year 2022 earnings on Tuesday, January 31, 2023, after the market closes. A webcast is scheduled for Tuesday, January 31, 2023, at 5:00 p.m. Eastern Time to discuss fourth quarter and full year 2022 earnings. Conference Call and Webcast |