| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 508MM | +3% |
| Operating Income | 86.4MM | -26% |
| Operating Expenses | 421.6MM | - |
| Net Income | 64.3MM | -31% |
| G&A | 23.7MM | -14% |
| Marketing | 23.9MM | +15% |
| Compensation | 78.5MM | +19% |
| Interest Expense | 92.5MM | +17% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Credit Acceptance Corporation (NASDAQ:CACC) Q1 2024 Earnings Call Transcript April 30, 2024 Credit Acceptance Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, everyone. And welcome to the Credit Acceptance Corporation First Quarter 2024 Earnings Call. Today’s call […]
Credit Acceptance (CACC) records a y/y rise in revenues and operating expenses in the first quarter of 2024.
Q1 2024 Credit Acceptance Corp Earnings Call
Although the revenue and EPS for Credit Acceptance (CACC) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Detailed Analysis of Financial Results and Business Dynamics
Southfield, Michigan , April 30, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $64.3 million, or $5.08 per diluted share, for the three months ended March 31, 2024 compared to consolidated net income of $99.5 million, or $7.61 per diluted share, for the same period in 2023. Adjusted net income, a non-GAAP financial measure, for the three months ended March
Southfield, Michigan, April 23, 2024 (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 first quarter 2024 earnings on Tuesday, April 30, 2024, after the market closes. A webcast is scheduled for Tuesday, April 30, 2024, at 5:00 p.m. Eastern Time to discuss first quarter 2024 earnings. Conference Call and Webcast Information:Date: Tuesday, April
Southfield, Michigan, April 04, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the 100 Best Companies to Work For® by Fortune for the tenth time. With a ranking of #39 this year, the Company's longstanding presence on the list reinforces the strength of our culture. “Credit Acceptance is focused on creating and sustaining an inclusive and caring workplace environment where our t
Southfield, Michigan, March 28, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $500.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $625.2 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Note C
Southfield, Michigan, March 20, 2024 (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 fourth consecutive year. We made it into the Top 10 again this year with a #9 ranking in the 1,000-2,499-employee size category. The award is due to the longstanding strengths of Credit Acceptance’s 2,200+ team members and the culture they foster, which is centered o