tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Credit Acceptance reports Q2 adjusted EPS $8.56, consensus $9.83

Reports Q2 revenue $583.8M, consensus $581.12M. The company said, “A decline in forecasted collection rates, which decreased forecasted net cash flows from our loan portfolio by $55.8 million, or 0.5%, and slower forecasted net cash flow timing.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1