For the quarter ended September 2024, Credit Acceptance (CACC) reported revenue of $550.3 million, up 15% over the same period last year. EPS came in at $6.35, compared to $5.43 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $542.46 million, representing a surprise of +1.45%. The company delivered an EPS surprise of -19.42%, with the consensus EPS estimate being $7.88.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Credit Acceptance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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