Credit Acceptance (CACC) Tops Q2 EPS by $1.03
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Credit Acceptance Announces Second Quarter 2022 Results
August 1, 2022 4:01 PM EDTSouthfield, Michigan , Aug. 01, 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 $107.4 million, or $7.94 per diluted share, for the three months ended June 30, 2022 compared to consolidated net income of $288.6 million, or $17.18 per diluted share, for the same period in 2021. For the six months ended June 30, 2022, consolidated net income was $321.7 million, or $23.10 per diluted share, compared to consolidated net income of $490.7 million, or $28.96 per diluted share, for the same period in 2021.
Adjusted net income, a non-GAAP financial... More
