Credit Acceptance (CACC) Tops Q1 EPS by $1.57
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Credit Acceptance Announces First Quarter 2022 Results
May 2, 2022 4:01 PM EDTSouthfield, Michigan , May 02, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the Company, Credit Acceptance, we, our, or us) today announced consolidated net income of $214.3 million, or $14.94 per diluted share, for the three months ended March 31, 2022 compared to consolidated net income of $202.1 million, or $11.82 per diluted share, for the same period in 2021.
Adjusted net income, a non-GAAP financial measure, for the three months ended March 31, 2022 was $197.3 million, or $13.76 per diluted share, compared to $164.8 million, or $9.64 per diluted share, for the same period in 2021.
Our results for the first quarter of... More
