Credit Acceptance (CACC) Tops Q2 EPS by 52c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Credit Acceptance Announces Second Quarter 2016 Earnings
July 29, 2016 4:02 PM EDTSouthfield, Michigan, July 29, 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 $84.9 million, or $4.17 per diluted share, for the three months ended June 30, 2016 compared to consolidated net income of $74.2 million, or $3.54 per diluted share, for the same period in 2015. For the six months ended June 30, 2016, consolidated net income was $159.3 million, or $7.80 per diluted share, compared to consolidated net income of $145.7 million, or $6.95 per diluted share, for the same period in 2015.
Adjusted net... More
