Credit Acceptance (CACC) Tops Q4 EPS by 25c

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Go back to Credit Acceptance (CACC) Tops Q4 EPS by 25c

Credit Acceptance Announces Fourth Quarter and Full Year 2015 Earnings

February 1, 2016 4:06 PM EST

Southfield, Michigan, Feb. 01, 2016 (GLOBE NEWSWIRE) --

Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the Company, Credit Acceptance, we, our, or us) today announced consolidated net income of $80.0 million, or $3.84 per diluted share, for the three months ended December 31, 2015 compared to consolidated net income of $73.0 million, or $3.45 per diluted share, for the same period in 2014.  For the year ended December 31, 2015, consolidated net income was $299.7 million, or $14.28 per diluted share, compared to consolidated net income of $266.2 million, or $11.92 per diluted share, for the same period in 2014.

Adjusted net income, a non-GAAP financial... More