Credit Acceptance (CACC) Tops Q3 EPS by $3.67
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Credit Acceptance Announces Third Quarter 2020 Results
October 29, 2020 4:02 PM EDTSouthfield, Michigan, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the Company, Credit Acceptance, we, our, or us) today announced consolidated net income of $242.1 million, or $13.56 per diluted share, for the three months ended September 30, 2020 compared to consolidated net income of $165.4 million, or $8.73 per diluted share, for the same period in 2019. For the nine months ended September 30, 2020, consolidated net income was $254.7 million, or $14.17 per diluted share, compared to consolidated net income of $494.2 million, or $26.06 per diluted share, for the same period in 2019.
Adjusted net income, a non-GAAP financial... More
