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Credit Acceptance Corp. (CACC)
NASDAQ:CACC
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
9.71Last Year’s EPS
10.29Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 2.56%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed quarter for Credit Acceptance Corporation, with notable achievements in loan portfolio growth and dealer engagement, alongside challenges such as declining market share, increased competition, and adjustments in forecasted net cash flows.Company Guidance
During the Credit Acceptance Corporation's first quarter 2025 earnings call, Chief Executive Officer Ken Booth discussed key metrics related to collections and originations. Collections showed sequential improvement, although the 2022, 2024, and 2025 vintages slightly underperformed expectations. Forecasted net cash flows declined by 0.2% or $21 million, marking the smallest decline in eight quarters. The loan portfolio reached a record high of $9.1 billion, reflecting a 10% increase from Q1 last year, despite a decrease in unit dollar volume growth. Market share in the sub-prime used vehicle segment declined to 5.2% from 6% in the same period of 2024. The company financed over 100,000 contracts, collected $1.4 billion, and paid $68 million in dealer holdback. Additionally, 1,617 dealers were enrolled, bringing the total number of active dealers to 10,789. The company also highlighted its focus on technological investment and workplace excellence, having been named a Top Workplace USA award winner for the fifth consecutive year.Loan Portfolio Record High
The loan portfolio reached a new record high of $9.1 billion on an adjusted basis, up 10% from Q1 last year.
Progress in Market Approach
Credit Acceptance enrolled 1,617 new dealers, reaching the second highest quarterly number of active dealers at 10,789.
Recognition for Workplace Excellence
Credit Acceptance was named a Top Workplace USA award winner for the fifth consecutive year, securing the #2 ranking among companies of their size.
CACC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CACC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $487.42 | $467.79 | -4.03% |
Jan 30, 2025 | $514.06 | $507.77 | -1.22% |
Oct 30, 2024 | $461.93 | $425.00 | -7.99% |
Jul 31, 2024 | $574.90 | $489.29 | -14.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Credit Acceptance Corp. (CACC) report earnings?
Credit Acceptance Corp. (CACC) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Credit Acceptance Corp. (CACC) earnings time?
Credit Acceptance Corp. (CACC) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CACC EPS forecast?
CACC EPS forecast for the fiscal quarter 2025 (Q2) is 9.71.