Credit Acceptance (CACC) Tops Q3 EPS by 8c

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Credit Acceptance Announces Third Quarter 2015 Earnings

October 29, 2015 4:03 PM EDT

Southfield, Michigan, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the Company, Credit Acceptance, we, our, or us) today announced consolidated net income of $74.0 million, or $3.53 per diluted share, for the three months ended September 30, 2015 compared to consolidated net income of $74.0 million, or $3.38 per diluted share, for the same period in 2014. For the nine months ended September 30, 2015, consolidated net income was $219.7 million, or $10.49 per diluted share, compared to consolidated net income of $193.2 million, or $8.48 per diluted share, for the same period in 2014.

Adjusted net... More