CREDIT ACCEPTANCE ANNOUNCES FIRST QUARTER 2020 RESULTS

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Credit Acceptance (CACC) Posts Q1 Loss of $4.61/Share, non-GAAP EPS of $9.66

May 27, 2020 4:10 PM EDT

Credit Acceptance (NASDAQ: CACC) reported Q1 non-GAAP EPS of $9.66, which may not compare to the analyst estimate of $3.68. The company reported consolidated net loss of $83.8 million, or $4.61 per diluted share, for the three months ended March 31, 2020 compared to consolidated net income of $164.4 million, or $8.65 per diluted share, for the same period in... More